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New Delhi: India may witness some economic hardships amid US President Donald Trump’s push for balancing bilateral trade with threats of reciprocal tariffs, warned Zoho founder Sridhar Vembu. He pointed out that amid Mr Trump’s threats, India will soon need to increase its imports from America to balance the bilateral trade, which could put pressure…
Food inflation during the month of January is mainly attributed to decline in inflation of vegetables and other items. | Photo Credit: Sushil Kumar Verma India’s retail inflation cooled to a five-month low of 4.31% in January from 5.22% in December 2024, with food prices rising 6%, compared with an 8.4% rise in the previous…
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Among food items, cereals, pulses, wheat saw easing in inflation in December. Representational file image. | Photo Credit: Sushil Kumar Verma Wholesale price inflation rose to 2.37% in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday (January 14, 2025) showed. The Wholesale Price…
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Representational image of an aerial view of a footpath market in Bengaluru. Food price inflation decelerated to 8.9% in November 2024 from a 25-month high of 11.6% in October | Photo Credit: Sudharaka Jain India’s wholesale prices rose at a three-month low pace of 1.89% in November, easing from October’s 2.4% uptick, with food price…
Read More “Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%” »
India’s city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country’s brisk economic growth. Slowing urban spending over the past three to four months has not only hurt the earnings of largest consumer goods firms, it has raised questions about the structural…
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HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption. Representational file image. | Photo Credit: M. Karunakaran Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the…
Read More “FMCG firms worry over high inflation, squeezing urban market; hint price hike” »
Representational file image. | Photo Credit: K. Murali Kumar The Centre said on Wednesday (September 18, 2024) that it does not expect an increase in prices of essential commodities such as sugar and edible oils during the festival season. Talking to reporters on decisions taken by the Food Ministry in the first 100 days of…
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Food prices rose 1.14% over April levels. Image used for representative purpose only. | Photo Credit: K. Murali Kumar Inflation in India’s wholesale prices accelerated to a 15-month high of 2.61% in May, more than double April’s pace, with food inflation surging to a 10-month peak of 7.4% driven by steeper prices for vegetables, fruits,…
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Food inflation surged to a four-month high of 8.7% in April from 8.52% in March. Representational file image. | Photo Credit: Reuters Consumers faced a further acceleration in steep food prices in April, even as India’s overall retail inflation remained virtually unchanged at 4.83% last month, compared with 4.85% in March. Food inflation surged to…
Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on February 6, 2024. Photo: Sansad TV via ANI Finance Minister Nirmala Sitharaman on February 6 said inflation has come down within the tolerance band as a result of the steps taken by the government to check price rise, especially in perishable commodities. Replying to a…
