-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...
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India's February WPI inflation firms up to 6.55% -Raj Kumar Ray
-Hindustan Times India’s wholesale price index-based inflation flared up to two-and-a-half years high of 6.55% in February from 5.25% in January mainly due to a spurt in mineral and fuel prices while food prices started rising following rapid remonetisation. The spurt in WPI inflation adds to the worries of a pent up demand after demonetisation which may prompt Reserve Bank of India to keep policy interest rates unchanged for some more months. The...
More »From Plate to Plough: A finger on the pulses -Ashok Gulati
-The Indian Express Government must give a level playing field by removing restrictions on markets and exports Last year, roughly at this time, the price of tur dal (split pigeon pea) in the retail market was hovering around Rs 180/kg. The prices of other pulses were not far behind. They were all spiralling due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million metric tonnes...
More »Save the pulse farmer, here's how -Ashok Gulati
-The Financial Express The minimum that the govt can do is to remove all restrictions on a free market for pulses Last year, roughly at this time, the price of tur dal (pigeon pea) in the retail market was hovering around R180/kg. Prices of other pulses were not far behind. They were all spiraling up due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million...
More »Wholesale prices up 5.25% year-on-year in January -Kirtika Suneja
-The Economic Times NEW DELHI: India's wholesale inflation saw a sharp rise in January owing to costlier fuel and power even as food items continued to remain cheaper. Data released by commerce and industry ministry on Tuesday showed WPI inflation at 5.25% compared with 3.39% in December. Fuel and power inflation rose 18.14% in January from 8.65% in December. WPI inflation in manufactured products, which has a 64.97% weight in the index, increased...
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