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Food prices drive retail inflation to 3-month high of 4.81%

Poor families are disproportionately impacted by high grocery bills as they tend to spend a higher proportion of their monthly budgets on food.

Food inflation, as measured by the consumer food price index, leapt to 4.49% in June. (MINT_PRINT)
Updated on Jul 13, 2023 01:52 AM IST
By, New Delhi

Free tomatoes with smartphones in MP, bouncers prevent loot in UP

A smartphone shop owner in MP is offering 2 kg of complimentary tomatoes with mobile phone purchases, while a vegetable vendor in UP has hired bouncers.

Over the past few days, the high mercury levels have adversely affected the supply of tomatoes, leading to their prices seeing an almost fivefold jump over the past 15 days. (PTI)
Published on Jul 09, 2023 04:30 PM IST

Global food price index falls for fifth consecutive month in August

The Food and Agriculture Organization (FAO) said on Friday that its price index, the most globally traded food commodities, averaged 138.0 points last month versus a revised 140.7 for July.

The index has fallen from a record of 159.7 in March, hit after Russia's invasion of Ukraine.(REUTERS)
Published on Sep 02, 2022 02:31 PM IST
Reuters |

Central panel to keep track of essentials as prices soar

Union food secretary Sudhanshu Pandey will head the panel, which recently reviewed the availability of edible oils in the country and met representatives of major oil processing associations.

Edible oil prices have remained elevated due to global supply disruptions and have knocked household budgets. (AFP)
Updated on May 02, 2022 05:24 AM IST

Britannia plans 7% price hike; 'Never seen 2 years so bad,' says MD

After milk, Maggi, coffee, tea, Britannia biscuits are going to be costlier as the company is looking to increase price to pass on the inflationary effect on consumers. 

Britannia biscuits are to become costlier this year. 
Published on Mar 31, 2022 12:05 PM IST
By | Written by Poulomi Ghosh
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