-The Times of India NEW DELHI: Green vegetables are fast vanishing from the dining tables in Delhi's average household because of skyrocketing prices in the market. On an average, traders say, there has been a 10%-20% increase in Wholesale Prices of onions, potatoes, tomatoes and green leafy vegetables in the mandis, while in retail market the increase is anywhere between 50%-150%. Metha Ram Kriplani, president, Chamber of Azadpur Fruit and Vegetable Traders, said...
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India's wholesale inflation falls further to (-)2.4%
-IANS NEW DELHI: India's annual rate of inflation based on Wholesale Prices continued in the negative territory in June, falling further to (-)2.4 per cent from (-)2.36 per cent for the month before, official data showed on Tuesday. The annual rate of inflation, as per the official Wholesale Price index, stood at 5.66 per cent in the corresponding month of the previous year, according to data released by the ministry of commerce...
More »No Medicine for the Common ‘Jan’ -Archana Mishra
-Tehelka The NDA government’s move to open more Jan Aushadhi stores ignores the multitude of issues currently plaguing them Amidst the jostling crowd at the Guru Teg Bahadur Hospital in Shahdara, Delhi, is 68-year-old Suresh Chandra, holding his medical files on one hand and prescription letter on the other. Chandra, who is a lung disease patient, moves towards the Jan Aushadhi store, situated in the hospital premises. Chandra hopes that the government-run medical...
More »Who said inflation is down? -Rajalakshmi Nirmal
-The Hindu Business Line Though the overall price trend is declining, for many items of daily consumption, especially food, it has risen Wholesale and consumer price indices are trending lower, but this has not brought relief to the common man. In May, the Wholesale Price index recorded negative growth for the seventh consecutive month. The consumer price index edged marginally higher in May to 5.01 per cent, from 4.87 per cent a...
More »Food price surge puts Raghuram Rajan on the back foot -Rafael Nam and Rajendra Jadhav
-Livemint.com Rajan has indicated he will now pause, projecting consumer inflation could rise to about 6% by next January Aurangabad: Prices of many foodstuffs are surging in India, despite a good start to monsoon rains—an unexpected boon for wholesalers, but a major headache for the central bank and a government hoping for its help to reboot the economy. Reserve Bank of India (RBI) governor Raghuram Rajan has cut interest rates three times...
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