-PTI/ The Week Ensuring irrigation efficiency is of paramount importance for sustainable agriculture. India needs to redesign its irrigation policy, including by promoting improved technological interventions in the wake of depleting ground water, according to an article published in the latest issue of RBI Bulletin. In the backdrop of recurrent episodes of drought and declining groundwater table, ensuring irrigation efficiency is of paramount importance for sustainable agriculture, the article published on Tuesday said. RBI...
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Consumer price inflation surges to near-8-year high at 7.79% in April
-MoneyControl.com The CPI inflation print for April is above the consensus, with a Moneycontrol poll showing economists saw inflation rising to 7.5 percent The Reserve Bank of India's (RBI) worst fears have been realised after data showed headline retail inflation surged to 7.79 percent in April - the highest since May 2014. At 7.79 percent, the Consumer Price Index (CPI) inflation print for April is 84 basis points higher than the March number...
More »WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
More »Maggi gets costlier as Nestle, HUL hike prices of instant, tea, coffee products
-IndiaToday.in In a disappointment for Maggi, tea and coffee lovers, Nestle and Hindustan Unilever Limited (HUL) have announced rate hikes for major products. The prices of Maggi noodles, tea, coffee and milk have been increased. In a jolt for consumers, Nestle India and Hindustan Unilever Limited (HUL) have hiked the rates of their instant, tea and coffee products, according to media reports. MAGGI PRICE * The prices of Maggi have been increased by 9...
More »Retail inflation rises to eight-month high at 6.07 per cent
-The Telegraph Analysts said inflationary management had become challenging now amid rising risks to growth Retail inflation rose to an eight-month high of 6.07 per cent in February and remained above the RBI’s comfort level for the second month in a row. Wholesale price inflation — the data was also released on Monday — remained in double digits at 13.11 per cent (February) for the 11th consecutive month. Analysts said inflationary management had become...
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