food prices

Near zero inflation in December raises rate cut demands

Reversing a six month declining trend, inflation moved up marginally to 0.11 percent in December mainly due to increase in prices of food items.

Jan 14, 2015, 13:39 PM IST

Inflation rises marginally to 0.11% in December from zero in November

Inflation for the month of December rose marginally to 0.11 percent from zero percent in November on the back of a slightly higher prices of essential commodities.

Jan 14, 2015, 12:53 PM IST

Inflation seen ticking up in Dec, may stall RBI rate move

Food prices probably fueled a sharp rise in India`s retail inflation in December after the record low struck the previous month, according to a Reuters poll, weighing against chances of an early interest rate cut by the Reserve Bank of India.

Jan 11, 2015, 11:47 AM IST

'Zero inflation due to NDA's good governance'

Hailing the zero level of inflation for the month of November, the lowest in about five- and-a-half years, BJP Monday credited the Narendra Modi government's "good governance and development policies" for the positive development.

Dec 15, 2014, 20:24 PM IST

Govt efforts brought down inflation: Arun Jaitley

Attributing the fall in inflation to initiatives taken by the government, Finance Minster Arun Jaitley Tuesday exuded confidence that the country is on the way to achieve a low and stable price regime.

Oct 14, 2014, 20:13 PM IST

Retail inflation at 6.46% in Sept, lowest since Jan 2012

Bringing good news to the common man ahead of Diwali, the retail inflation dropped to 6.46 percent in September on falling prices of fruits and vegetables, the lowest since India started computing Consumer Price Index (CPI) in January 2012.

Oct 13, 2014, 19:23 PM IST

World food prices fall for sixth straight month in Sept, longest in 15 years: FAO

Bumper harvests and big stockpiles of food are helping to drive world food prices down to the lowest levels for about 15 years, the UN Food and Agriculture Organization reported on Thursday.

Oct 09, 2014, 18:40 PM IST

Committee on FCI restructuring to hold first meeting on Sep 8

"The meeting of the committee has been scheduled on September 8. It will discuss the overhauling of the FCI, which is plagued by functional and cost inefficiencies," Food Minister Ram Vilas Paswan said.

Sep 03, 2014, 15:35 PM IST

Fighting in Gaza hits local food production & prices: FAO

The violence in Gaza has brought local food production to a halt as 17,000 hectares of farmland have been damaged substantially forcing farmers and herders to abandon their lands, according to the UN body FAO.

Aug 18, 2014, 20:47 PM IST

Address supply-side constraints to tame food prices: Ind Inc

Even as inflation showed a decline, India Inc on Thursday said supply-side constraints should be addressed along with implementation of recent Budgetary proposals for the agriculture sector to check food prices.

Aug 14, 2014, 16:31 PM IST

Retail inflation grows to 7.9% in July

Retail inflation accelerated to 7.96 percent in July as compared to 7.46 percent last month, government data showed on Tuesday.

Aug 12, 2014, 17:46 PM IST

World food prices hit six-month low in July: FAO

FAO raised its outlook for global cereal production by 18 million tonnes to 2.498 billion tonnes.

Aug 07, 2014, 15:56 PM IST

Retail inflation falls to 30-month low of 7.31% in June

Retail inflation fell to 30-month low of 7.31 percent in June, mainly on account of lower prices of food items, including vegetables, cereals and meat.

Jul 14, 2014, 20:38 PM IST

June inflation at 4-month low of 5.43%; food inflation eases at 8.14%

The growing risk that drought will shrivel summer crops could encourage the Reserve Bank of India to keep interest rates on hold.

Jul 14, 2014, 12:22 PM IST

Economic Survey 2013-14: 'El Nino likely to impact farm production, food prices'

After three years of bumper crop harvest, India's agriculture production may be impacted this year if a likely El Nino torpedoes monsoon rainfall, putting pressure on food prices, the Economic Survey said Wednesday.

Jul 09, 2014, 14:47 PM IST

PM takes stock of rising prices, asks states to take measures

The Centre has also called a meeting of state food and consumer affairs ministers to discuss measures to contain inflation, that rose to 6.01 percent in May.

Jun 30, 2014, 21:38 PM IST

Need centre-state coordination to deal with inflation: PM

Amid weakening of monsoon and rise in food prices, Prime Minister Narendra Modi Thursday pushed for close coordination between the centre and states on implementing contingency plans and asked states to set up fast-track courts to deal with hoarders and black-marketeers.

Jun 26, 2014, 20:56 PM IST