-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

-The Economic Times   Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing". The wholesale index for food articles rose 10.1% for the week to August 18 from a year earlier on account of a sharp increase in prices of vegetables and cereals, data released on Thursday showed. The index was at 9.8% in the previous week. "This is really disturbing,"...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...