-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...

-Moneycontrol.com Food inflation rose to 12.41 percent in June from 10.89 percent, with the food index rising 1.3 percent month-on-month India's inflation based on the Wholesale Price Index (WPI) declined to 15.18 percent in June, according to data released by the commerce ministry on July 14. The WPI inflation was 15.88 percent in May, the highest in at least three decades. In June 2021, it stood at 12.07 percent. Another month of double-digit wholesale...

Is India a country where most people eat vegetarian food? The answer to this question is a bit complex. The consumption of either vegetarian or non-vegetarian food depends not just on one's personal choice but also on one’s geographical location, caste and religious background, gender and marital status. There are other determining factors as well behind a person's choice of food.  The results of the newly released data of the fifth...

-The Hindu Business Line Stagnation in the area under cultivation and marginal growth in yields have capped domestic output growth, says a report Mangaluru: Even while the import-dependent edible oils market in India has been affected by geopolitical factors, the domestic production of oilseeds remains below the global average. The compounded annual growth rate (CAGR) of oilseeds production in India has remained at 1.94 per cent between 2011-12 and 2020-21, as against global...

-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper limit of 6% for the...