Per quintal tomato prices have shot by over 1300%. To say they are on fire will be an understatement. The price rise has forced the government to act to ensure prices don’t rise further. However, that is easier said than done, as heavy rainfall continues to damage crops and interfere with harvesting. Currently, in certain parts of the country per kg prices have crossed the ₹250 per kg threshold.
12 Jul 2023You might even be tempted to pay a bit extra, but keep in mind that charging anything over the MRP is illegalWhile the MRP can’t be exceeded, retailers can choose to sell for less than that amount
2 min read25 Feb 2020OMCs lost a combined 39,000 crore in market capitalization on Thursday, post the government's announcement
3 min read4 Oct 2018According to the poll the retail prices rose at an annual 5.30% last month, fastest since July 2016, well above May's 4.87%
2 min read10 Jul 2018James Munson, managing director of Marks and Spencer Reliance India, on the ongoing fashion trends in the Indian market, Marks and Spencer's expectations from the country and its pricing strategy
6 min read29 Dec 2017The arrivals at Lasalgaon mandi today stood at 22,000 quintal, much higher than 8,000 quintal on 22 November
1 min read30 Nov 2017GoM has recommended that the government make it amply clear in the present GST law that MRP is the maximum price of a product to be sold in retail
2 min read30 Oct 2017Medicines may soon come labelled with the ‘landed price’ if they are imported, or ‘ex-factory price’ if locally made, along with the maximum retail price (MRP)
2 min read5 Oct 2017The ratio of prices of petrol to crude, which was well under 2 during the UPA years, hit a high of 5 in early 2016
2 min read30 Aug 2017Retail rates of onion have already inched up in Delhi, ruling in the range of Rs30-35/kg as of Thursday
1 min read3 Aug 2017The 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