Prices

  • Secretaries panel to review gas price formula 10 hours 50 minutes ago

    New Delhi: Nearly two months after it put off a steep gas price revision, the government has constituted a four-member committee of secretaries to hold consultations with stakeholders before deciding on the quantum of hike. "The committee will comprise secretaries of power, fertilizer and expenditure while additional secretary in the oil...
  • Small sugar recovers on mild offtake 13 hours 25 minutes ago

    Mumbai: Small sugar prices recovered marginally at the Vashi wholesale market on Friday on modest offtake from stockist and bulk consumers. Meanwhile, medium sugar fell owing to subdued demand from stockists and retailers amidst ample supplies. Small sugar (S-30) moved up Rs 2 per quintal to Rs 3,074/3,190 from Thursday's closing level...
  • Centre cuts minimum export price of onion to USD 350 per tonne 2 days ago

    New Delhi: The government on Wednesday reduced the minimum export price (MEP) of onion to USD 350 per tonne following improvement in domestic supply situation and softening of prices. In June this year, the MEP on onion was re-introduced at USD 300 per tonne which was further raised to USD 500...
  • Inflation at 5 month low of 5.19 per cent in July August 14, 2014

    New Delhi: Inflation dipped to a five month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items. It was at 5.43 per cent last month and 5.84 per cent in July 2013. Inflation in the overall food articles...
  • Petrol to be cheaper by Rs 1.89-2.38 this Independence Day August 13, 2014

    New Delhi: Petrol prices will be slashed down by Rs 1.89-2.38 from the midnight of August 14/15, said Oil Minister Dharmendra Pradhan on Wednesday. This will be the second reduction in rates this month. The previous government had in June 2010 freed petrol prices and since then rates have moved...
  • Government to announce new gas price formula by September end August 13, 2014

    New Delhi: Government will by September end announce a new gas price formula keeping the interest of investors as well as consumers in mind, Oil Minister Dharmendra Pradhan said on Wednesday. Pradhan, however, said no committee has been constituted to suggest an alternative to the Rangarajan formula approved by the previous...
  • Petrol price likely to be cut on Independence Day August 12, 2014

    New Delhi: Petrol price is likely to be cut on Friday on the back of softening in international rates, Indian Oil Corp, the nation's largest fuel retailer, indicated on Tuesday. "Petrol is a decontrolled product and prices increase or decrease depending on input cost every fortnight. We had cut rates...
  • July retail inflation accelerates to 7.96 per cent August 12, 2014

    New Delhi: Consumer price inflation accelerated to a two-month high of 7.96 per cent in July, driven up by surging prices for vegetables, fruit and milk, government data showed on Tuesday. A Reuters poll had forecast the consumer price inflation rate would edge up to 7.4 percent from 7.31 percent in...
  • RBI to unveil credit policy review, interest rate may remain unchanged August 5, 2014

    The Reserve Bank of India will come out with its credit policy review on Tuesday. It is likely to maintain status quo on interest rate in its bi-monthly monetary policy review. The central bank may prepare ground for an easier rate regime by introducing some liquidity enhancing measures. In spite...
  • Jaya asks Modi to put an end to monthly increase in fuel price July 31, 2014

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Thursday requested Prime Minister Narendra Modi to put a "full stop" to the monthly increase in diesel price by oil marketing companies introduced during the previous UPA regime. Seeking rollback of Thursday's increase in diesel price by 56 paise per litre, Jayalalithaa...
  • Petrol price cut by Rs 1.09 per litre, diesel hiked by 50 paise per litre July 31, 2014

    New Delhi: Oil companies have cut petrol prices by Rs 1.09 per litre with effect from midnight tonight. However, diesel prices have been hiked by 50 paise per litre. Petrol price was reduced following drop in international oil rates and rupee depreciation against US dollar, making imports cheaper. For the...
  • Tomatoes are for the rich, NDA must not be cornered for price rise: BJP MP July 30, 2014

    New Delhi: In an embarrassment for the Bharatiya Janata Party, its Rajya Sabha MP Prabhat Jha on Sunday downplayed the sudden spurt in tomato prices and said that only the wealthy eat tomatoes. Jha said, "Tamatar jinke gaal laal hote hai, jo paise waale hote hai, woh khate hai. Lekin uske...
  • Centre calls meeting with states on diesel price July 28, 2014

    New Delhi: With state specific levies adding up to Rs 7 a litre in price of diesel, the Centre has called a meeting with 12 states with the highest incidence of taxes like octroi and entry tax, to impress upon them to cut these duties and bring down prices. A litre of...
  • On Eid eve, sellers dictate prices in Srinagar July 27, 2014

    Srinagar: Despite appeals for austerity by religious and social groups, frenzied Eid shopping started on Sunday, two days ahead of the festival, with sellers dictating the prices. Markets are full of edibles, including mutton, poultry, eggs and festive merchandise like firecrackers and toys for children, garments for families and jewellery for...
  • Tomato prices skyrocket to Rs 80 per kg in some cities July 25, 2014

    New Delhi: Tomato prices have soared up to Rs 80 per kg in some parts of the country after a substantial drop in supply from key producing states. The average price of tomato, monitored by the Consumer Affairs Department, in 59 cities, however, stood at Rs 60 per kg. The vegetable...
  • Salman Khan hoping his film 'Kick' to become a hit at the box office July 25, 2014

    Salman Khan is hoping to crack it once again, with the upcoming release of his film 'Kick'. At 48, Salman insists that he is in good shape. After many hit Eid releases the actor is all set to woo his audiences again this Eid with 'Kick'. Such is the anticipation...
  • Decision on gas pricing will be taken after consulting stakeholders: Government July 25, 2014

    Oil and Gas Minister Dharmender Pradhan, in an interview to ETV, has said that a decision will be taken on gas pricing at the right time after consulting all stakeholders. He said that the government will soon take a decision keeping in mind what's good for the country and it...
  • Tomato prices skyrocket, reach Rs 80 per kg in Delhi July 23, 2014

    New Delhi: With prices sky rocketing, tomato dishes may not be the menu in many household across the country. The soaring price of tomato is the biggest concern of the common people across India. In the national capital, tomato prices have gone up from Rs 60 per kg to Rs 80...
  • Paswan seeks punitive measures against hoarders July 20, 2014

    Union Food and Public Distribution Minister Ram Vilas Paswan on Sunday blamed hoarders for the "sudden" increase in prices of essential commodities and suggested framing of stern laws to deal with them. "It has been noticed that food and vegetable prices shoot as hoarders stockpile these commodities and make a kill...
  • Higher weight of food items causing high retail inflation: Government July 20, 2014

    New Delhi: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to official data. The high inflation in India owes to "higher weight for the food basket (about 50 per cent)" as against 14 per cent and 32...
  • Battle over price control: 50 drugs brought under price control sparks outrage July 19, 2014

    The government's decision to expand the number of drugs under price control has sparked a nation-wide debate. While health industry experts have called the move unwarranted and arbitrary, many believe that there is nothing new in the current decision as a lot of drugs were already under the purview of...
  • Rising tomatoes prices push kitchen budget into the red July 17, 2014

    The humble tomatoes have pushed the kitchen budget into the red over the last few days. "These tomatoes that were selling for Rs 10 a kg at the wholesale market are being sold at Rs 45 a kg. These tomatoes will be sold at Rs 60 to Rs 80 a...
  • After onions, tomato prices soar due to delayed monsoon July 17, 2014

    A delay in monsoon is seeing vegetable prices soar. After onions, now tomato prices have shot through the roof in the metros. "The rising prices have severely affected our monthly budget," says a customer in Bangalore. ...
  • India @ 9 with Bhupendra Chaubey July 16, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: Dry weather results in price rise of potatoes July 16, 2014

    Inflation is showing no sign of letting up as tomato prices have shot up in the metros. Deficient rains across the country have led to a fall in production which has squeezed supplies to cities. Tomato prices have touched a high of Rs 60 in many parts of Delhi, hurting...
  • After onions, tomatoes prices shoot up in metros July 16, 2014

    New Delhi: Inflation is showing no sign of letting up as tomato prices have shot up in the metros. Deficient rains across the country have led to a fall in production which has squeezed supplies to cities. Tomato prices have touched a high of Rs 60 in many parts of Delhi,...
  • No rain causes increase in the price of tomatoes July 16, 2014

    In an interview with CNN-IBN a resident of Jaipur expresses his anxiety over the rising price of tomatoes. The crop has been majorly affected this time because of no rains. "The way things are, we might have to resort to tomato ketchup,"he says. ...
  • 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...
  • Common man faces the brunt of high vegetable prices July 16, 2014

    After onions, now it is tomato prices which have shot up in major cities. In the capital, tomato prices have gone from Rs 35 per kg last week to Rs 50 per kg this week. It has doubled from Rs 20 to Rs 40-50 per kg in Hyderabad. ...
  • After onions, tomato prices shoot up in major cities July 16, 2014

    New Delhi: Price rise continues to plague the common man. After onions, now tomato prices have shot up in major cities. In the national capital, tomato prices have gone from Rs 35 per kg last week to Rs 50 rupees per kg this week. It has doubled from Rs 20 to...