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PM Modi’s mission to make India ‘Atmanirbhar’ in edible oils
To reduce the dependence on imports, PM Modi announced the NMEO-OP initiative to make India self-sufficient in cooking oils, including palm oil.
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Inflation: Oils and fats, transport and fuel majorly responsible for high June level
Compared to May, food inflation came softened, thanks to softening of prices of spices, non-alcoholic beverages, pulses and cereals
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Covid-19 second wave compounds misery of Indian households
Owing to skyrocketing prices of petrol and diesel, people have cut down on health-related expenditure
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Retail inflation in June eases marginally to 6.26%
Marginal slippage in CPI-based inflation was noticed despite some firmness in food inflation which inched up to 5.15% in June from 5.01% a month ago
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Import duty cut on palm oil to have limited effect on retail inflation: Companies
Adani Wilmar, which sells edible oil under Fortune brand name, said the duty cut wouldn’t help much
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External factors will test RBI’s grip on inflation
Investors and industry leaders worry that China, once a deflationary force, is now exporting inflation
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Retail inflation for farm, rural workers up in May
Retail inflation for farm and rural workers rose to 2.94% and 3.12%, respectively, in May as certain food items turned costlier
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Rising prices: Aam Aadmi's travails see no end
Rise in global crude oil prices, weaker rupee and constant upward revision in domestic fuel prices remain high risk factors for wholesale inflation
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With inflation rising, RBI has limited choice: SBI report
SBI Ecowrap report: Driven by several global and domestic factors, inflation may remain elevated in the coming months
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WPI, CPI and Peepli Live — Check out the connection
In this video, Sakshi Batra explains why you should take a closer look at the WPI and CPI numbers when they are released next time
