-ThePrint.in Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’. New Delhi: A bottle of cooking oil is a constant in every Indian kitchen, but its price is not. According to data sourced from the Department of Consumer Affairs, by 16 May, consumers in the country were spending an average of 14 per cent more, or an extra...
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You’re not imagining it, Maggi to Vim bar—FMCGs are getting smaller. Shrinkflation is here -Shubhangi Misra
-ThePrint.in The chips, cola, detergent and namkeen you’re buying are getting more expensive. You’re just not noticing it, thanks to shrinkflation. New Delhi: Mukesh Tiwari, 35, set up his paan shop in Delhi’s ITO about three years ago. Since then, he noticed that the size of Rs 5-10 snack packets had shrunk considerably. “I didn’t weigh the older packets and I can’t give you a comparative analysis. Bas ye samjhiye sab chota...
More »Rural food prices continued to surge in April -AM Jigeesh
-The Hindu CPI for agricultural and rural workers increased by 10 points each last month Rising food prices spurred an increase by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday. An increase in the prices of rice, wheat-atta, jowar, bajra, ragi, vegetables and fruits contributed the bulk of the spike in...
More »Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot
-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...
More »People’s ecologist -Ramachandra Guha
-The Telegraph The scientist, Madhav Gadgil, turns 80 this month I come from a family of scientists, but I shied away from studying science myself. Yet, in a happy irony, it turned out that the most important intellectual collaboration of my life was with a scientist, Madhav Gadgil, whose eightieth birthday falls later this month. Born in Pune, Gadgil studied in Bombay, and at Harvard, where he took a PhD in ecology and...
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