-The Times of India NEW DELHI: Prices of around 100 medicines, including those for Alzheimer's, diabetes and hypertension, could rise by up to 10% after they were removed from the national list of essential medicines. Though the move is likely to impact consumers, it comes as a relief to drug makers reeling under stringent price regulation for over a year. Overruling a previous order by the drug price regulator, the Centre has...
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Cauvery water row hits commodity movement -Vishwanath Kulkarni & Gayathri G
-The Hindu Business Line Bengaluru/ Chennai: The disruption of road transport between Karnataka and Tamil Nadu over sharing of the Cauvery river water in the past few days has impacted the movement of commodities such as onions, poultry products, turmeric, tea and tomatoes, among others. This has resulted in the price of perishables, mainly onions, falling as the new crop has started reaching markets in Southern Karnataka. “Onion prices are down by...
More »From Plate to Plough: Seize the crisis -Ashok Gulati & Shweta Saini
-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
More »Nashik farmer gets just 5 paise per kg for onions
-PTI Nashik: A farmer from Karanjgaon village in Nashik district has claimed to have got the rate of 5 paise per kg for onions, prompting him to dump his produce of 13 quintals in his field in protest, even as a trader blamed “poor quality” of bulb for the low price. Sudhakar Darade, who hails from Niphad taluka, said his onions got valued at Rs. 5 per quintal (100 kg) at Saikheda...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
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