-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of December, 2013 declined by 1.3 percent to 179.2 (provisional) from 181.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.16% (provisional) for the month of December, 2013 (over December, 2012) as compared to 7.52% (provisional) for the previous month and 7.31% during the corresponding month...
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Food inflation may ease but supply-side woes pinch farmers, consumers -Anil Sasi
-The Indian Express Farmers are simply not among those benefiting from the higher prices of their produce. While a fall in headline inflation numbers will ensure some breathing space for embattled policy makers, the sharp surge in food inflation to a 41-month high of close to 20 per cent in November hides an even more disturbing fact - that despite the consistent spike in the year-on-year agri price levels at the...
More »Japan may import Rice Bran Oil from India, to improve fiscal numbers -Sutanuka Ghosal
-The Economic Times KOLKATA: There is some good news for the UPA government, which is trying hard to tackle the rising import bill. Japan has shown interest in buying Rice Bran Oil from India - a country that depends on import of edible oil for meeting nearly 60 per cent of its domestic consumption. Export of Rice Bran Oil will help India earn foreign exchange, thus reducing the rising import bill...
More »Headlines Today cameras capture trucks diverting PDS wheat meant for Delhi's poor to private flour mills -Harish Sharma and Arun Singh
-India Today The UPA government and the Congress leadership might be patting themselves on the back talking big about the recently passed Food Security Bill, but their promises look far from delivery given the existing state of Public Distribution System (PDS). In a sting operation carried out by Headlines Today special investigation team, hidden cameras caught the pilferage of grain meant for distribution among the national capital's poor people under the PDS....
More »Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
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