Price Rise

  • 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...
  • 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,...
  • 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...
  • 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...
  • Poor monsoon in India threatens first drought in five years July 11, 2014

    New Delhi: Weak rainfall in India since June when the monsoon season starts, crucial to the country's agricultural earnings, has raised concerns of a first drought in five years, although weather experts are hopeful rains will revive in the next week. A poor monsoon cuts exports, stokes food inflation and leads...
  • Union Budget 2014: What's cheaper and what's costlier July 10, 2014

    Finance Minister Arun Jaitley on Thursday spared the common man from price hike by keeping duties on commonly used day-to-day items unchanged but made it costlier for smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2014-15. Following is a list of what...
  • Budget 2014: What's cheaper, what's dearer July 10, 2014

    New Delhi: Finance Minister Arun Jaitley on Thursday spared the common man from price hikes by keeping duties on commonly used day-to-day items unchanged but made it costlier for smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2014-15. Following is a list...
  • Too early to say if Modi won the heart of J&K people: Omar Abdullah July 9, 2014

    New Delhi: It is "too early" to say whether Prime Minister Narendra Modi has won the heart of the people of the state, Jammu and Kashmir Chief Minister Omar Abdullah said on Wednesday. After a meeting with Union Food Minister Ram Vilas Paswan, Omar was asked whether the Prime Minister was...
  • Rajasthan: Police lathicharge Congress workers protesting against price rise July 9, 2014

    Jaipur: The police on Wednesday used force on protesters during a protest over price rise led by Rajasthan Congress chief Sachin Pilot. Congress workers led by Pilot were trying to force their way inside the collectorate to give a memorandum to the collector. The police resorted to using force to...
  • Congress to maintain an aggressive stand on LOP, price rise in Parliament July 9, 2014

    New Delhi: The second day of the Budget session is likely to witness a tough stand from the Congress over the issues of price rise and on the post of the Leader of Opposition. The Congress claimed that a Leader of Opposition should be appointed to ensure democracy. "If the Leader...
  • Price rise: Did we store onions, potatoes in banks, Congress asks Jaitley July 7, 2014

    New Delhi: "Did we take away onions, potatoes and tomatoes and store them in a bank," Congress on Monday said as it took a dig at Finance Minister Arun Jaitley over his remarks blaming the previous UPA regime for rising prices and claimed that "instead of good days, days of...
  • Cannot hold month-old govt responsible for price rise: Venkaiah Naidu July 7, 2014

    New Delhi: Under attack over rising prices, Union Minister M Venkaiah Naidu said on Monday that a one-month-old government which is yet to take policy decisions cannot be held responsible for price rise. With the Budget Session starting on stormy note due to disruptions by Opposition on the issue of...
  • Congress takes its protests against price rise to the streets July 7, 2014

    New Delhi: The NDA government is facing the heat not just in the Parliament but even outside since the Congress has now taken its protests against price rise to the streets. Congress workers held protests in Jantar Mantar slamming the government over inflation and rising prices. The party also held...
  • Tackling subsidy burden with innovative ways tops Oil Ministry's agenda July 6, 2014

    New Delhi: Accusing the previous UPA regime of leaving the coffers dry, Oil Minister Dharmendra Pradhan said that he wanted to tackle subsidy burden on the department in innovative ways. In an exclusive interview to Network18, Pradhan on Sunday said that the roll out of Direct Benefit Transfer (DBT) is one...
  • Modi government's six-month action plan to control inflation July 4, 2014

    The NDA government has drawn up a six month action plan to control prices before they spiral out of hand. According to the plan the emphasis will be put on supply of cereals, pulses, edible oils, onions, potatoes, tomatoes, bread, milk and eggs. The state governments will establish price monitoring...
  • Potato futures rise 2.97 pc on tight supplies, rising demand July 4, 2014

    New Delhi: Potato prices recovered by 2.97 per cent to Rs 1,377 per quintal in futures trade on Friday as speculators engaged in building-up positions even as the government imposed stock holding limits in a bid to improve availability and rein in prices. At the Multi Commodity Exchange, potato for delivery...
  • Oil Ministry may propose hike in LPG price by Rs 250 per cylinder July 4, 2014

    New Delhi: The Oil Ministry is likely to move the Cabinet Committee on Political Affairs (CCPA) soon with an expert panel recommendations of raising cooking gas (LPG) rates by Rs 250 per cylinder and kerosene price by Rs 4 a litre. The ministry is preparing a draft note for consideration of...
  • Need for stern action against hoarders to rein in prices: Arun Jaitley July 4, 2014

    New Delhi: With fears of a possible drought looming in many parts of the country, Finance Minister Arun Jaitley met state food ministers on Friday. After his meeting, Jaitley said that hoarders take advantage of untoward monsoon conditions. "During July-December every year, prices of some food items increase because of...
  • Drought & price rise: How will Modi's promise of 'Achche Din' be delivered? July 2, 2014

    With onion prices soaring all over in the country, the government on Wednesday brought onions and potatoes under the Essential Commodities Act. ...
  • Centre acts to curb price rise, brings onions and potatoes under Essential Commodities Act July 2, 2014

    New Delhi: With onion prices soaring all over in the country, the government on Wednesday brought onions and potatoes under the Essential Commodities Act. In order to put curb stockpiling and hoarding, the Cabinet Committee on Economic Affairs has decided to enforce a stock limit on potatoes and onions for...
  • Mumbai: 'Dabbawalas' hike delivery charges to meet rising inflation July 2, 2014

    Mumbai: The iconic Mumbai 'dabbawalas' or lunch box carriers have hiked the costs of their delivery by Rs 100 a month to cope up with the rising cost of essential commodities. "We are requesting our customers to support us in the time of crisis, as we will not be able...
  • 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...
  • Jaitley hints at tough days ahead, says need to check 'mindless populism' July 2, 2014

    New Delhi: Ahead of the Budget, Finance Minister Arun Jaitley has hinted at tough days ahead. He has said that there is a need to decide if India needs fiscal discipline or mindless spending. "Does India need a certain amount of fiscal discipline at this time? Do we need prudence?...
  • JMM slams Modi government for raising fuel prices July 1, 2014

    The Jharkhand Mukti Morcha activists on Tuesday burnt an effigy of the Narendra Modi government protesting the hike in prices of petrol, diesel, LPG cylinders and rail fare. Led by Ranchi city president Antu Tirkey, JMM activists marched to Albert Ekka Square and burnt the effigy. "The hike in prices of petrol,...
  • BJP's definition of 'good days' coming out now: Congress on price rise July 1, 2014

    The Narendra Modi government is facing criticism for further burdening the common man with another hike in fuel prices. Petrol prices were hiked by Rs 1.69 per litre from midnight. ...
  • 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...
  • UP government says no reduction in VAT to check inflation June 24, 2014

    The Uttar Pradesh government on Tuesday said that it will not reduce VAT rates to check price rise, saying there are other factors as well behind the rising inflation. "The state government cannot reduce VAT as it was necessary for all-round development of the state," UP Cabinet Minister Ambika Chowdhury said...
  • Government working on national marketing policy: Ram Vilas Paswan June 21, 2014

    Union Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan on Friday hinted at introducing a national marketing policy to contain price rise. Talking to reporters in Jaipur during his two-day visit to the state, Paswan said, "To contain price rise there is need for a national marketing police...
  • Cement demand may increase up to 7% in southern region June 20, 2014

    Mumbai: The demand for cement in the southern region is expected to rise by 5-7 per cent in FY'15 as compared to 1 per cent Y-o-Y growth in FY'14, a report said. Cement plant utilisation trend in southern states is expected to pick up in the current fiscal as compared with...
  • Narendra Modi government's inflation firefighting, traders not happy June 19, 2014

    New Delhi: Inflation is back to haunt the common man and without much delay, the new Indian government has got into a firefighting mode. Union Finance Minister Arun Jaitley on Tuesday laid down a slew of measures to tame food inflation. The Centre has imposed a minimum export price of...