Food inflation moved up to 11.49 per cent for the week ended February 12 as compared with 11.05 per cent for the previous week even as prices of certain items fell marginally. Despite the increase, Prime Minister Manmohan Singh today said while inflation has been a concern for the last 18 months, it will come down to 7 per cent by the end of the current fiscal. According to the Wholesale...

Prices across the three segments food, industrial goods and oil that determine inflation rising, the year-end inflation targets have been revised. The government had earlier estimated end-March inflation at 6% but RBI now has raised it to 7%. The Food and Agriculture Organisation has raised an alert over a potential spike in global prices of sugar and cereals, especially wheat. Though India might just get away thanks to a bumper output...

If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While import-dependent economies are struggling to keep their fiscal math in shape with crude...

The Food and Agriculture Organisation has raised the red flag over a potential spike in global prices of sugar and cereals, especially wheat. Although India might just get away thanks to a bumper output this year, it could get caught in the spiralling milk and edible oil prices. In any case, the government has virtually thrown its hands in the air on taming fruit and vegetable prices. But it isn't just...

Reeling under the spiraling prices of essential commodities, locals and activists from regional factions staged agitations in several parts of the country to protest the perceived inability of the central government in tackling inflation. The simmering row over inflation boiled over in Agra as activists of regional Samajwadi Chhatra Sabha (SCS) vented their ire through a unique demonstration. Shouting slogans, the student activists traversed the streets of Agra on bullock and horse...