-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...

-Livemint.com Fertilizer department said in the presentation that international prices of fertilizers and raw materials have been constantly rising since January 2021 NEW DELHI: The central government is set to raise the subsidy on fertilizers for the kharif crop season to cool prices to farmers, the department of fertilizers said in a presentation on Tuesday even as worries of protracted disruptions in key commodities continued to rattle global commodity and financial markets....

-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...

-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...

-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...