-IndiaSpend The drop comes despite a good monsoon in 2016 A good monsoon that led to record sowing and production of pulses–especially tur dal (pigeon pea)–has almost halved their wholesale and retail prices in 2017, a year after dal prices skyrocketed to Rs 200 per kg in some cities at the end of 2015. In many state-regulated agricultural markets of major tur-producing states such as Maharashtra and Karnataka, prices have fallen to Rs...
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Select vegetables' prices crash on farmers' rush for sale -Dilip Kumar Jha
-Business Standard Huge arrivals from Gujarat and MP increase supply; farmers fear higher spoilage on rise in temp Mumbai: Vegetables prices crashed in the last two weeks due to farmers’ rush for sale on fears of high spoilage due to sudden rise in temperature across the country. Data compiled by the government owned National Horticulture Board (NHB) showed cauliflower in the wholesale Mumbai mandi slumped by a staggering 25% since March 17 to...
More »Illegal slaughterhouse crackdown: UP strike hits Delhi hard, meat supply down -Parvez Sultan and Abhinav Rajput
-Hindustan Times New Delhi: Meat traders’ strike in neighbouring Uttar Pradesh has halved Delhi’s supply and sent the prices soaring, with mutton selling for Rs 500 a kilo in some areas on Monday. Traders at Ghazipur, Delhi’s only slaughter house and biggest wholesale meat market, said they were not getting cattle from Uttar Pradesh, the biggest suppliers of animals, which had led to buffalo and goat meat costing at least 25% more. “Around...
More »Pricier food, fuel push WPI inflation to 39-month high -Surabhi
-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...
More »India's February WPI inflation firms up to 6.55% -Raj Kumar Ray
-Hindustan Times India’s wholesale price index-based inflation flared up to two-and-a-half years high of 6.55% in February from 5.25% in January mainly due to a spurt in mineral and fuel prices while food prices started rising following rapid remonetisation. The spurt in WPI inflation adds to the worries of a pent up demand after demonetisation which may prompt Reserve Bank of India to keep policy interest rates unchanged for some more months. The...
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