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Inflation News

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India imports tomato from Nepal, prices ease

The retail price of tomatoes procured by NCCF and NAFED was initially fixed at Rs.90 per kg and, as wholesale prices began to ease, it was reduced to Rs.80 per kg from July 16. It was eased to Rs70 per kg from July 10. (PTI)

Updated on Aug 15, 2023, 5:30 AM IST

MPC tries to strike a balance

The MPC’s upward revision of the September quarter inflation forecast by a percentage point from 5.2% to 6.2%, and fiscal year 2023-24 inflation forecast from 5.2% to 5.4% underlines this belief

Published on Aug 11, 2023, 11:22 PM IST

RBI keeps status quo on rate, ups inflation target

RBI governor Shaktikanta Das

Updated on Aug 11, 2023, 12:09 AM IST

RBI keeps key lending rate unchanged at 6.5% after two-day policy meeting

The repo rate refers to the rate at which commercial banks borrow money by selling their securities to RBI. (HT PHOTO)

Updated on Aug 10, 2023, 10:51 AM IST

India should brace for a food inflation spike

In July, tomatoes have played a big role, continuing to sell at very high prices (HT Photo)

Published on Aug 9, 2023, 10:40 PM IST

After tomato makes pockets bleed, onion inflation to bring tears next?

The onion buffer is being maintained by the department of consumer affairs under a price stabilization fund, which aims at effective market intervention to cool prices when availability plunges. (HT File)

Updated on Aug 9, 2023, 9:03 AM IST

RBI governor-led MPC may maintain pause on repo rate: Analysts

RBI MPC meet began on August 8 and will go on till August 10.

Published on Aug 8, 2023, 5:17 PM IST

The import of normal monsoon is changing

Even as the northern states were marooned by torrential downpours, the food bowl regions of states such as Bihar and West Bengal received less-than-sufficient rainfall.

Published on Aug 7, 2023, 10:10 PM IST

Can you afford to retire?

Can you afford to retire? The answer is much more likely to be no today than it was a year ago

Published on Aug 6, 2023, 1:18 AM IST

Hurt by iPhone demand slump, Apple faces longest sales drop in decades

Published on Aug 4, 2023, 10:25 PM IST

More stress foreseen on rural consumer demand

More stress foreseen on rural consumer demand

Updated on Aug 4, 2023, 12:25 AM IST

Tomatoes now cost ₹259/kg in Delhi. Worry? Prices may rise to...

Wholesale prices of tomato at Azadpur mandi, Asia's largest wholesale fruits and vegetables market, were on Wednesday ruling at <span class='webrupee'>₹</span>170-220 per kg.

Updated on Aug 3, 2023, 12:47 PM IST

Congress announces mass public meetings in East UP

The party was gearing up for a mega-conference in Gorakhpur wherein development projects launched decades ago by Congress leaders Pandit Kamlapati Tripathi, Vir Bahadur Singh and Kalpanath Rai, would be highlighted, a Congress senior leader said. (For representation)

Updated on Aug 2, 2023, 12:31 AM IST

Sri Lanka's inflation drops to single-digit levels for the first time in 2 years

Overall rate of inflation as measured by the Colombo Consumer Price Index on a year-on-year basis is 6.3 per cent in July 2023 and it was down from 12 per cent recorded in June this year.

Published on Jul 31, 2023, 9:10 PM IST

'Maybe they'll impeach me because…' Joe Biden jokes about impeachment threat

US President Joe Biden gestures as he speaks about his economic plan "Bidenomics" at Auburn Manufacturing Inc. in Auburn, Maine,

Updated on Jul 29, 2023, 2:31 PM IST

Will rice spoil India’s inflation math?

There are rain-related concerns with India's rice production this year.

Updated on Jul 28, 2023, 12:33 AM IST

Have US Fed's consecutive interest rate strikes made any dent on inflation?

U.S. Federal Reserve Chairman Jerome Powell.

Updated on Jul 27, 2023, 2:39 PM IST

US Fed raises interest rates to 20-yr high. Is there a 'soft' landing in future?

Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC.

Updated on Jul 27, 2023, 12:49 AM IST

Canada: Prime Minister Justin Trudeau rejigs Cabinet

Arif Virani is sworn in as Canada’s Minister of Justice and Attorney General of Canada, as Prime Minister Justin Trudeau sits, during a Cabinet shuffle at Rideau Hall, in Ottawa, Ontario, on Wednesday. (REUTERS)

Updated on Jul 26, 2023, 10:19 PM IST

'Revoke India's ban on rice exports or food price inflation will…': IMF

Farmers plant rice saplings in a paddy field on the outskirts of Amritsar. The world's biggest rice exporter India has banned some overseas sales of the grain "with immediate effect", the government said, in a move that could drive international prices even higher.

Updated on Jul 25, 2023, 8:40 PM IST

The world economy is still in danger

The surge of hope is all the more unusual because the world economy is slowing down.

Published on Jul 25, 2023, 6:17 PM IST

How to explain the puzzle of the world economy

Official statisticians are struggling to understand the picture.

Published on Jul 23, 2023, 12:53 AM IST

India's rice export ban could push worldwide decade-high prices up. Here's how

A worker carries boiled rice in a wheelbarrow to spread it for drying at a rice mill on the outskirts of Kolkata, India.

Published on Jul 21, 2023, 12:05 PM IST

FMCG sluggishness forecasts a slowdown

laptop and shopping bags, online shopping concept.

Updated on Jul 21, 2023, 12:57 AM IST

Hooda slams Haryana government over water tariff hike

Former Haryana chief minister Bhupinder Singh Hooda on Tuesday criticised the BJP-led government for effecting a 25% hike in water tariff. Hooda in a statement said people of the state were already facing the brunt of skyrocketing inflation and this hike will hit them further. (HT File Photo)

Updated on Jul 19, 2023, 1:00 AM IST

Americans more prosperous than pre-pandemic levels, says JPMorgan's report

Despite the challenges of inflation, Americans are in a better financial position compared to before the pandemic according to analysis of 9 million Chase customers' bank accounts by the JPMorgan Chase Institute.

Updated on Jul 18, 2023, 7:24 PM IST

Bindal flays govt for VAT hike on diesel

Bharatiya Janata Party (BJP) state president Rajeev Bindal on Saturday slammed the Sukhvinder Singh Sukhu-led state government for increase VAT on diesel “when the state is still coping up in the natural calamity”. (HT Photo)

Updated on Jul 15, 2023, 11:10 PM IST

Tomato price may go till ₹300 per kg in coming weeks: Report

The months of July-August and October-November typically experience lower tomato production, contributing to the current scarcity.

Published on Jul 14, 2023, 4:52 PM IST

Twin concerns lurk in the inflation print

It is to be noted here that retail inflation had also dropped sharply to 4.59 per cent in December, mainly due to declining food prices.

Published on Jul 13, 2023, 10:12 PM IST

As rains, landslides hit supply, tomato rates touch ₹250 per kg in Chandigarh

Most of the suppliers at the apni mandis of Chandigarh had no tomatoes to sell to the residents, while those having limited supply were charging retail rates of <span class='webrupee'>₹</span>250 per kg. (HT Photo)

Updated on Jul 12, 2023, 10:44 AM IST

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