Food Inflation

  • Inflation in check, growth and investment picking up, assures Arun Jaitley 2 days ago

    New Delhi: Finance Minister Arun Jaitley on Saturday presented the Finance Ministry's report card for the last hundred days since the NDA government came to power, as well as the recent initiatives taken by the Finance Ministry. Jaitley assured that inflation is in check, growth and investment is steadily picking up...
  • Narendra Modi sticks to failed recipe in India's food inflation fight August 8, 2014

    New Delhi: It's been more than a month since Nirmala bought fresh tomatoes. A fourfold rise in prices since early June has made the essential ingredient in Indian curries and sauces a luxury she can no longer afford. "Buying tomatoes feels like buying jewellery," says the 29-year-old maid, who is struggling...
  • Vegetable prices will come down soon as Met has predicted more rains: Agriculture Minister July 16, 2014

    As food inflation hits consumers, Agriculture Minister Radha Mohan has said that prices will decrease after more rainfall later this month. "This government is more active than previous government over prices of vegetables. The Met department is of the view that rain will be good in July, so prices will...
  • Retail inflation falls to 30-month low of 7.31 per cent in June July 14, 2014

    New Delhi: Retail inflation fell to 30-month low of 7.31 per cent in June, mainly on account of lower prices of food items, including vegetables, cereals and meat. The retail inflation, measured on consumer price index (CPI), was 8.28 per cent in May. Its lowest was 7.65 per cent in January,...
  • Government plans to crackdown on hoarders, make Essential Commodities Act more effective to control prices July 4, 2014

    New Delhi: Calling hoarding an anti-national activity, Food Minister Ram Vilas Paswan on Friday asked state governments to rise above politics to control prices by effectively enforcing the Essential Commodities Act. The current price rise is a temporary phenomenon created by hoarders, he said. "Controlling inflation...
  • Government raises minimum export price of onions to $ 500 per tonne July 2, 2014

    New Delhi: With onion prices soaring in several parts of the country, the government has got cracking. The minimum export price of onions has been raised to $ 500 per tonne. This is the second raise in two weeks. The Centre had imposed a minimum export price of $ 300...
  • PM Modi takes stock of food inflation, faces flak over fuel price hike July 1, 2014

    New Delhi: The first big challenge for the Narendra Modi government has coming close on the heels of the delayed monsoon with the prices of food commodities having risen sharply. Prime Minister Narendra Modi has taken stock of the rise in prices of essential commodities and asked states to urgently...
  • No fall in onion prices, tomato prices shoot up in Delhi, Chandigarh November 7, 2013

    New Delhi: The festival season is over, but there is still no sign of vegetable prices coming down. After onions, now tomatoes have become too expensive to handle. Prices have shot up to Rs 70 and 80 per kg in Delhi and Chandigarh. In other cities the prices are hovering...
  • KV Thomas to meet Sharad Pawar as onion prices touch Rs 100 per kg October 24, 2013

    New Delhi: Despite a sharp drop in onion prices at the wholesale markets, retail prices in most cities continue to hover around the Rs 100-mark. Food Minister KV Thomas will meet Agriculture Minister Sharad Pawar on Thursday to discuss the options before the government. Delhi Chief Minister Sheila Dikshit will...
  • Onion prices in Delhi shoot up to Rs 80 per kg again October 22, 2013

    New Delhi: Onion prices are playing a spoiler this festive season and are now between Rs 80 and 90 per kg in Delhi. It is an increase of almost 30 per cent from last week, when prices were Rs 60 per kg. Traders attribute the increase in prices to limited...
  • September WPI inflation higher at 6.46% vs 6.1% in August October 14, 2013

    Mumbai: The Wholesale Price Inflation for the month of September has increased to 6.46 per cent as against higher-than-forecast of 6 percent by analysts and 6.1 percent in August. It has been rising since May 2013 - it was 5.79 per cent in July, 5.16 per cent in June and...
  • No need to panic, onion prices will stabilise by Oct: Food Minister September 19, 2013

    New Delhi: Food Minister KV Thomas has tried to play down the rising onion price crisis saying that there was no reason to panic. He said onion prices were being reviewed and will stabilise by October. Imports are taking place from Afghanistan, China and Egypt. "Either by the end of...
  • I'm not dealing with this, says Sharad Pawar on onion price rise September 19, 2013

    New Delhi: The onion price rise remains a huge worry for the government and the common man. But Agriculture Minister Sharad Pawar refused to react to this as CNN-IBN questioned him. "I'm not dealing with this. The consumer affairs ministry is dealing with this," Pawar said when asked for a...
  • Ask the trader, govt not selling onions: Sibal on price rise September 18, 2013

    New Delhi: The government is washing its hands off rising onion prices with union ministers not sounding too sympathetic. After Agriculture Minister Sharad Pawar said rising onion prices were good for farmers, Telecom Minister Kapil Sibal has said the prices have nothing to do with the government. "Why don't you ask...
  • Will rising food prices be the key factor that will cost UPA 2 the next elections? September 18, 2013

    Household budgets have been hit again as onion prices have soared following an acute shortage in supply. Onion prices are at a whopping Rs 70 to 80 per kg in New Delhi. The story of the humble onion which brings tears to consumers can defeat the most powerful leaders as...
  • Food inflation to ease soon, says economist Rangarajan September 16, 2013

    Indian economist C Rangarajan has said that inflation can ease soon as rupee has stabilized and important commodities in terms of rupee will also come down. ...
  • Rise in rural incomes fuelling food inflation: RBI Governor April 7, 2013

    Bangalore: The Reserve Bank of India (RBI) Governor D Subbarao sparked a controversy when he said rise in rural incomes was fuelling food inflation in the country. The Bharatiya Janata Party (BJP), the Left and even the Congress party have condemned his remark saying it is an insult to the...
  • Food inflation negative for India credit ratings: Moody's March 18, 2013

    Mumbai: India's high food inflation is a negative for the country's sovereign ratings as it filters through the broader economy, with adverse consequences for growth and the large fiscal and current account deficits, Moody's said on Monday. Moody's Investors Service is the only one of the three major credit agencies to...
  • Will make investments in India burden-free: PC August 6, 2012

    New Delhi: Finance Minister P Chidambaram held his first press briefing after taking over the post saying the aim of the Ministry was to remove procedural burdens in making investments in India. "The key to restart the growth engine is to attract investment, both home and foreign. Our aim is...
  • Weather-driven food inflation a headache for India July 23, 2012

    Mumbai: Faced with slowing economic growth and a dangerously high balance of payments deficit, about the last thing India needs is food prices pushing inflation higher, but that is just what the weather gods are brewing. Rains have been patchy since the start of the monsoon season, which runs from June...
  • War against price rise: 'Corrective measures soon' July 20, 2012

    The prices of vegetables, fruits and pulses have shot through the roof in major metros. ...
  • 'Food inflation affecting our monthly budget' July 20, 2012

    The chief reasons behind the escalating food prices are poor production monitoring and abysmal storage facilities which are leading to decay. ...
  • Food inflation affects household budgets July 20, 2012

    The prices of vegetables, fruits and pulses have shot through the roof in major metros. ...
  • 'RBI may hold on policy stance amid high inflation' July 13, 2012

    New Delhi: Reserve Bank is unlikely to soften its monetary stance in its policy review later this month due to high inflation even though sluggishness in industrial output growth for May calls for cut in policy rates, say experts. The Reserve Bank of India (RBI) is guided by inflationary expectations. Inflation...
  • Inflation will stay between 6.5 and 7.5 pc: Pranab June 14, 2012

    New Delhi: Pinning hopes on good monsoon, the government on Thursday said the inflation for the current fiscal will be around 6.5-7.5 per cent and steps will have to be taken to address supply constraints. "I am confident that range of inflation would be around 6.5-7.5 per cent throughout the year....
  • Inflation accelerates to 7.55 per cent in May June 14, 2012

    New Delhi Inflation moved up to 7.55 per cent in May because of spurt in prices of potato, pulses and wheat, although onion and fruits showed a declining trend. Inflation, as measured by the Wholesale Price Index (WPI), was 7.23 per cent in April. In May last year, however,...
  • Food inflation turns negative; drops to -3.36 pc January 5, 2012

    New Delhi: Food inflation entered the negative zone at (-) 3.36 per cent for the week ended December 24 as prices of essential items like vegetables, onion, potato and wheat declined. "There has been substantial improvement. Food inflation has turned negative for the first time in recent memory," Finance Minister Pranab...
  • Food inflation falls to 6-year low of 0.42 pc December 29, 2011

    New Delhi: Food inflation fell sharply to a six-year low of 0.42 per cent in the week ended December 17 as prices of essential items like vegetables, onion, potato and wheat declined. Food inflation, as measured by Wholesale Price Index (WPI), stood at 1.81 per cent in the previous week. It...
  • Food inflation falls to 4-year low of 1.81 pc December 22, 2011

    New Delhi: Food inflation fell sharply to a near four-year low of 1.81 per cent for the week ended December 10 as prices of essential items like vegetables, onion, potato and wheat declined. This is the lowest rate of food inflation since the week ended February 9, 2008, when it stood...
  • Inflation to fall to 6-7 pc by March 2012: Pranab December 18, 2011

    Bangalore: Finance Minister Pranab Mukherjee on Sunday said headline inflation in the country remains "perilously close" to double digits but is expected to moderate to 6 to 7 per cent by March if the present declining trend continues. "So far as inflation is concerned, yes, I...