WPI inflation eases to 3.39% in October as food prices soften
In the second consecutive month of decline, wholesale inflation eased to 3.39 percent in October as food articles, led by vegetables, witnessed softening of prices. The wholesale price-based inflation, reflecting the annual rate of price rise, in September stood at 3.57 percent. In October 2015, WPI inflation was (-)3.70 percent.
Nov 15, 2016, 14:05 PM IST
Finance Ministry hopes RBI will factor in better inflation print
Enthused by moderation in retail inflation, the Finance Ministry today expressed hope that RBI will take into account improvement in the price situation while deciding on rate cut in its next policy review due in October.
Sep 12, 2016, 22:40 PM IST
Government agencies to buy pulses directly from farmers
The government Thursday directed procurement agencies, including NAFED, to buy tur, urad and moong directly from farmers in all producing states for creating buffer stock to supply lentils at cheaper rates and ensuring support price for growers.
Sep 08, 2016, 18:26 PM IST
Rahul Gandhi targets PM Modi over the issue of Inflation in Lok Sabha
Rahul Gandhi targets PM Modi over the issue of Inflation in Lok Sabha. Watch complete news story of Fast 50 for getting detailed updates!
Jul 29, 2016, 16:38 PM IST
Rahul Gandhi attacks PM Modi over price rise, says people are now chanting 'Arhar Modi' not 'Har Har Modi'
Congress vice president Rahul Gandhi took on the Narendra Modi government on Thursday in the Lok Sabha on the issue of rising prices of essential commodities.
Jul 28, 2016, 15:26 PM IST
Traders strike deals to import 3 mt pulses to cool prices
To help tame spiralling pulse prices that have hit Rs 200 per kg, traders have signed contracts to import about 3 million tonnes of lentils so far this year worth about USD 2 billion as domestic demand spikes.
Jun 19, 2016, 14:03 PM IST
Tomatoes at Rs 80/Kg: Arun Jaitley to review food price situation today
Concerned over food inflation, Finance Minister Arun Jaitley will review the situation on Wednesday and discuss steps to keep prices of essential commodities, including pulses, in check.
Jun 15, 2016, 09:07 AM IST
Centre asks states not to levy taxes on pulses to cool prices
Worried about a further spike in prices of pulses in coming months, the Centre today asked state governments not to levy local taxes like VAT and mandi fees on dals, besides taking stern action against hoarders to boost supply and bring down rates.
May 21, 2016, 16:09 PM IST
Rising price of Sugar and Pulses hitting common man's pocket yet again
In a span of just a fortnight, there has been a spike of over 45% in the price of pulses like arhar, masoor and chana. Wholesale and retail prices have shot up simultaneously.
May 03, 2016, 22:45 PM IST
'Impose stock limit on importers to curb pulses prices'
Expressing concern over rise in prices of pulses, traders' body CAIT today said the government should impose stock limit on first importers and allow only domestic process houses to import foodgrain and pulses.
May 01, 2016, 16:59 PM IST
Pulses prices stable; monitoring rates closely: Govt
The government on Monday said it is keeping a close watch on the prices of pulses which are "more or less stable" in the Rs 83-177/kg range for the last one month in retail markets across the country.
Apr 18, 2016, 19:52 PM IST
65 lakh tonnes pulses need to be imported this year: Paswan
India needs to import 65 lakh tonnes of pulses this year to meet the domestic shortfall, Food Minister Ram Vilas Paswan said today and assured that the government will not allow prices to rise in any circumstances.
Mar 15, 2016, 23:15 PM IST
Govt creates 50,000 tonnes pulses buffer stock; asks states to lift
After procuring 50,000 tonnes of pulses for buffer stock, Union Food Minister Ram Vilas Paswan on Tuesday asked the states to place their requirement so that the lentils can be offloaded in the market to check prices.
Mar 01, 2016, 19:40 PM IST
MMTC invites bid for import of 5,000 tn tur dal
Amid production concerns due to back-to-back drought, the government has issued a tender for importing 5,000 tonnes of pigeon peas (tur) to boost domestic supply and control prices.
Jan 26, 2016, 19:24 PM IST
Govt offloads 1.12 lakh tonnes of seized pulses in retail market
The prices have declined from the peak of Rs 200 per kg in October to Rs 160 at present due to various government measures including unearthing of hoarded stock and offloading that in the retail market.
Jan 01, 2016, 21:22 PM IST
51,000 tonnes seized pulses offloaded in retail market
Over 51,000 tonnes of pulses, out of 1.3 lakh tonnes seized during the raids, have been offloaded in the market so far as part of the government's steps to boost domestic availability and control prices.
Dec 03, 2015, 17:27 PM IST
Commerce Ministry to hold meeting with pulses importers tomorrow
Concerned over widening gap in demand and supply of pulses leading to exorbitant rise in prices, the Commerce Ministry will hold a meeting Wednesday with importers on their strategy on dealing with the situation in the coming months.
Dec 02, 2015, 16:44 PM IST
Listen to your wife to curb soaring dal prices, Shiv Sena advises Maharashtra CM
In a sarcastic comment over soaring prices of pulses and other kitchen staples, the Shiv Sena on Friday advised Maharashtra Chief Minister Devendra Fadnavis to listen to his wife and bring the rates under control.
Nov 20, 2015, 17:11 PM IST
After onions and pulses, tomato prices hit roof; Govt banking on new crops
Tomato prices have now hit the roof with the rates rising by 50 percent in just about a month to Rs 62 a kg here, even as the government said a moderation was likely soon with new crops.
Nov 17, 2015, 21:27 PM IST
Govt seizes over 1.20 lakh ton of pulses; dal prices falling but still costly
Over 1.20 lakh tonnes of pulses have been seized from hoarders across the country so far as part of the government's steps to control prices of lentils, which still remain expensive for common man.
Oct 29, 2015, 21:22 PM IST
