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India has highest inflation rate in Asia

-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...

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Bengal among most expensive states in India -Rohit Khanna & Suman Chakraborti

-The Times of India KOLKATA: You must have been complaining about rise in prices across categories - food or non-food. What you have not realized is West Bengal has become one of the most expensive states in India. Consumer price indices for October this year, filed with the Parliament barely a fortnight back, shows that Bengal's figure is now the second highest. Consumer price indices (CPI) for the rural Bengal during October...

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Prices of onion, tomato continue to rule high in NCR

-PTI Tomato and onion prices arecontinuing to rule high at Rs. 60-80 per kg in retail markets of the national capital region despite improved supplies and fall in wholesale prices. Tomatoes are being sold at Rs. 60-70 per kg, while onions are available at high rate of Rs. 70-80 per kg. Prices of another kitchen staple, potato, have also risen to Rs. 40-44 per kg. Potato, onion and tomatoes are the three most...

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After vegetables, rice to get pricier with floods, drought -Sutanuka Ghosal

-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...

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Mamata Banerjee stops movement of potatoes from West Bengal, other states hit -Sutanuka Ghosal & Bikash Singh

-The Economic Times KOLKATA/ GUWAHATI: Mamata Banerjee's decision to stop movement of potatoes from the state has made the tuber go beyond the reach of common people in states of Odisha, Bihar, Jharkhand, Andhra Pradesh and the entire north-east. Prices have touched the roof in most of these states with people in Assam buying a kilo of potatoes at Rs 45. Traders say that in the last two days, price of...

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