-The Telegraph Sanjay Mohanty, professor of population health at International Institute of Population Sciences, says steady fall in total health spending in proportion to GDP is 'worrying' India’s per capita healthcare expenditure at constant prices has remained near-stagnant despite increases in government spending and decreases in household spending on healthcare over a six-year period, the latest national health accounts report has shown. India’s per capita total healthcare expenditure has changed little over that...
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Edible oil makers urge for lifting of futures trade ban on crude palm oil and soy oil on commodity exchanges -Sandip Das
-Financial Express SEA has stated that the ban on futures trade has deprived importers of hedging their price risks in rupee-denominated soya oil and crude palm oil futures on Indian exchanges. The Solvent Extractors’ Association (SEA) of India, a body of edible oil manufacturers, on Monday demanded lifting of ban on futures trade in soya oil and crude palm oil (CPO) on the commodity exchanges imposed on December, 2021, to ensure risk...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
More »No respite for common man? After wheat and flour, now prices of maida soar -Harpreet Bajwa
-The New Indian Express The market buzz is that at Kandla port in Gujarat, from where maida is traded abroad, the price has touched around Rs 3,000 per quintal. CHANDIGARH: The prices of maida (refined wheat flour) are soaring due to escalating International Prices following the Ukraine conflict. The result is bakery products such as bread and biscuits could be costlier soon. Sources said the price of wheat has touched Rs 2,350 per...
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