-The Hindu Business Line Bengaluru/ Chennai: The disruption of road transport between Karnataka and Tamil Nadu over sharing of the Cauvery river water in the past few days has impacted the movement of commodities such as onions, poultry products, turmeric, tea and tomatoes, among others. This has resulted in the price of perishables, mainly onions, falling as the new crop has started reaching markets in Southern Karnataka. “Onion prices are down by...
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Paswan to pulses traders: work with government to address supply issues
-The Hindu Business Line NEW DELHI: The Centre will meet representatives of the Indian Pulses and Grains Association (IPGA) every month to take stock of retail prices of pulses that still rule high, as well as supply issues. This was decided at a meeting between Food Minister Ram Vilas Paswan and IGPA members here on Thursday evening. The meeting comes soon after the Centre’s decision to enhance the buffer stock limit of...
More »Pulses send WPI racing to 2-year high
-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale Price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale Price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
More »WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale Price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
More »From Plate to Plough: Seize the crisis -Ashok Gulati & Shweta Saini
-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and Wholesale Price index (WPI) levels in the past...
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