A new research has said that global warming could add up to 3.2 percentage points to food inflation every year in a decade. The poor countries will be
The governor said stable and low inflation will give the necessary support for economic growth
This time when you buy Little Hearts biscuits for Rs 10, you may get few biscuit pieces lesser. Or the biscuits may have become a bit thin already
While government is prompt in giving up revenues to rein in price rise in edible oils, its response to runaway cost of automobile fuels is different.
The government slashing the import duties on edible oil could bring down the retail prices by Rs 4-5 per litre
India is forced to meet over 65% of its domestic demand for cooking oils through imports.
The RBI also said the extent of retail price increase in the post-lockdown period was also much higher than the usual summer uptick in food prices
Inflation in food articles in April was 4.92 per cent as prices of protein-rich items like egg, meat and fish hardened
Retail inflation for industrial workers rose to 4.48% in February, due to higher prices of fuel and certain food items