Food Inflation News

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Reliance, Adani to Tata — Ex-banker calls for Indian conglomerate breakup | Mint Primer | Mint

India’s biggest conglomerates, which wield immense pricing power in the retail, resources and telecommunication sectors, are contributing to elevated inflation and should be broken up, a former central banker said. The ‘Big 5’ consisting of Reliance Group, Tata Group, Aditya Birla Group, Adani Group and Bharti Telecom have grown at the expense of smaller local firms, said Viral Acharya who was Reserve Bank of India deputy governor between 2017 and 2019. At the same time, the government’s ‘sky-high tariffs’ have shielded these conglomerates from competition by foreign firms

3 Apr 2023
Videos

Is it too early to claim victory in inflation fight

Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

2 Apr 2023
News

WPI inflation at 9-month high of 1.55% in Nov

Food inflation in November stood at 3.94%, against 6.37% in the previous monthThe RBI in its monetary policy earlier this month had said that inflation will remain elevated, barring transient relief in the winter months

1 min read14 Dec 2020
News

Food price inflation eases to a 9-month low

The higher headline retail inflation was driven mostly by protein items such as meat and fishWith monsoon rains exceeding the normal precipitation by 13% as on 12 July, kharif sowing having spread to more than half of last year’s total acreage

2 min read14 Jul 2020
News

Why food inflation may turn sticky

Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s whyThis is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to farmers can help stabilize prices

9 min read21 Jan 2020
Money

How to defend yourself from rising inflation

The surge in prices was driven by a jump in the prices of vegetables which jumped by 60.5%Core inflation stood at 3.7%

1 min read14 Jan 2020
News

Retail inflation rises sharply to 7.35% in December

Food inflation accelerated to 14.12% in December from 10.01% a month ago as vegetable prices shot up by 60.5%The galloping inflation could constrain RBI from further monetary policy easing in Feb

1 min read13 Jan 2020
News

WPI inflation rises to 0.58% in November

India’s economic growth has slowed down to a six and half year low at 4.5% in September quarterFood inflation accelerated to 11.08% in November from 9.8% a month ago

1 min read16 Dec 2019
News

From India to China, food is getting more expensive

UN data shows global food prices rose at the fastest pace in October in more than two yearsAsia’s two largest developing economies face a price surge for staple products—pork in China and onions in India

3 min read28 Nov 2019
News

Retail inflation soars to 14-month high on higher food prices

Retail inflation sharply accelerates to 3.99% in SeptemberWholesale price inflation decelerates to a three-year low at 0.33% in Sep, compared with 1.08% in Aug

1 min read15 Oct 2019
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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