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Brittle supply chain leads to soaring vegetable prices -Sandip Das and Subhomoy Bhattacharjee

-The Indian Express Despite the scare scenario painted for production trends for key vegetables, it turns out that there is no dip in availability. This includes onion, whose prices have flared in the past few weeks. Data from the past two years compared with that for the current year indicates that the problem for the four vegetables that have a pan-India presence - onion, tomato, brinjal, potato - is because of logistics...

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Fixed deposits earning you negative returns-Mayur Shetty

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

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Inflation spoils UPA’s report card -Sidhartha

-The Times of India NEW DELHI: For a man who prides himself as being the "original reformer", PM Manmohan Singh did not mention the word "reforms" even once in his speech on the ninth anniversary of UPA. And, it was only once that he talked of inflation. It was hardly surprising given that reforms do not seem to be on his radar in view of the tough political environment and inflation is...

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CPI inflation hits 13-month low, slows to 9.39 per cent in April

-CNN-IBN New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural inflation was also seen going down at 9.16 per cent as compared to 10.41 per cent in March. Food prices for consumers rose an...

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Food prices push retail inflation

-The Times of India Retail inflation soared in February on the back of stubborn food prices sustaining pressure on consumers and complicating the policy choice for the central bank. Data released by the Central Statistics Office (CSO) on Tuesday showed the inflation rate based on all-India general CPI ( consumer price index) for February was 10.91% compared to 10.79% for the previous month. The inflation rates for rural and urban areas for...

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