If dal roti went out of reach for the aam admi in 2009, vegetables and onion prices brought tears towards the end of 2010 and with food inflation touching a high of 14.44 per cent for the week ending December 18, the New Year did not ring in any respite from high food prices. The sudden increase of Rs.3 per litre in the price of petrol in December — the sixth...
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Fog hits supply, egg prices up
Fog not only delays trains and flights, causes road accidents and makes the winter season depressing but also causes the prices of eggs to rise. The recent increase in egg prices is attributed to fog and the prices are likely to increase again as soon as the visibility drops. To add to that, onions and tomatoes are also becoming more expensive. According to Shabir Ahmed, secretary, Poultry Federation of India, eggs...
More »Inflation surges to 14.44 per cent
Concerned at the rising food inflationary trend, Union Finance Minister Pranab Mukherjee on Thursday hinted at more steps to check the rising prices, even as food inflation surged to a 10-week high of 14.44 per cent. The Cabinet Committee on Prices, headed by Prime Minister Manmohan Singh, met in the evening to review the situation and expressed concern at the spurt in the prices of eggs, fruits, vegetables, milk and other...
More »Milk next: Amul ups prices by 2
After vegetables, now milk will also pinch consumers, as Gujarat Cooperative Milk Marketing Federation, which markets dairy products under the brand Amul, on Tuesday announced a pan-India hike in Milk prices by up to Rs 2 a litre. "We have increased prices of our various brands by Re 1 to Rs 1, which will come in to effect from December 30 in Gujarat and Delhi and by January 3 in other...
More »Milk catches onion fever
After the onion onslaught, milk misery. Amul has decided to raise Milk prices by Re 1 to Rs 2 a litre, setting the stage for similar hikes by other producers across the country. Dairy products such as butter, ghee and cheese are likely to become dearer, too. The Gujarat Co-operative Milk Marketing Federation, which sells products under the Amul brand, said the higher prices would be effective from December 30 in Gujarat...
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