India’s retail inflation grew at 3.58 percent in October, mainly due an increase in prices of consumer food items. CNBC-TV18 poll had estimated a range of 3.2-3.8 percent.
The company today introduced four variants of potatoes, which will be available in Delhi from this week, and soon introduce them in other metro markets.
By developing proper supply chain management, agriculturists can be given access to airports and railway stations to sell off their produce at reasonable prices
Jharkhand leads in the production of vegetables and the those grown here will be exported to different places in the world, Das said after inaugurating a Rs 82.77 crore Safal unit at Tikratoli near here.
In January 2016, the print was (-)1.07 percent. The last comparable high level of WPI was witnessed in July 2014 at 5.41 percent. As per Commerce Ministry data, inflation in the 'fuel and power' basket more than doubled to 18.14 percent in January, up from 8.65 percent in the previous month.
The Cabinet of Indian Prime Minister Narendra Modi approved a feasibility study on the proposed deal on Wednesday, clearing the way for the start of formal talks, Peru's Trade Ministry said in a statement.
Demonetisation impact seen in food inflation with vegetable, fruit and poultry prices decelerating in the main trade markets and mandis following the cash crunch
The European Union has lifted its three-year ban on import of some vegetables from India, an Agriculture Ministry official said here today.
While on annualized basis, wholesale inflation rose from (-) 2.05 percent in November last year, food inflation recorded a sharp year-on-year fallâ€”1.25 percent in November 2016 from 5.55 percent in the same month of 2015.
While the demonetisation scheme is acting as a hurdle for many sectors, for BigBasket it is a blessing in disguise. The company has upped its revenue projection by 20 percent in the financial year 2017.
According to a Business Standard report, about 80 items are likely to make it to the exemption list. This includes grains, green coconut, poha, unprocessed green tea leaves, and non-mineral water.
"There are approximately one thousand milk shops in Mumbai and its suburbs, which will get a supply of fresh vegetables through the farmer-producer companies that are licenced by the state Marketing Department, Sadabhau Khot, Minister of State for Marketing told PTI today.
According to a company official, foreign investment of Rs 100 crore is sought to be put in by existing investors, including an overseas venture capital fund.
Wholesale Price Index (WPI) inflation in vegetables witnessed deflationary pressures and was recorded at (-)10.91 percent in September. Inflation in this category had scaled a high of 28.45 percent in July.
Retail inflation, based on Consumer Price Index (CPI) eased to 4.3 percent in September from 5.05 percent in August, on account of decline in vegetables and pulses.
Juhuasuan.com, a group shopping website affiliated with Alibaba Group, has announced plans to launch the world's very first e-commerce satellite, a report in the state-run People's Daily said.
Higher output by the world's top consumer and importer of pulses could help Asia's No.3 economy rein in its headline inflation that hit a near two-year high in July on double-digit annual increases in prices of sugar, vegetables and pulses.
In a "most worrying" sign for consumers, the prices of vegetables in retail markets are likely to shoot up further in coming months as the 'peak production season' came to an end, says a report.
Wholesale prices of vegetables in Delhi-NCR region have risen by 35-40 per cent in the last one month with supply being affected due to rains in several parts of the country, industry body Assocham said Tuesday.
More purchases by India, the world's top consumer of pulses, could help the country rein in its headline inflation, which hit a near two-year high in June on double-digit annual increases in prices of sugar, vegetables and pulses.
Vegetable and food prices in Mumbai have surged about 30-60 percent in the past couple of days after APMC market traders have gone on strike to protest the Maharashtra government's decision to exclude vegetable and fruits from the list of regulated products.
The prices of peas have risen sharply to Rs 100-110 per kg, from nearly Rs 60-70 earlier, traders said today.
As per the motion passed in Maharashtra cabinet last week, the farmers can now sell their produce outside APMC markets. Under the APMC rule, the farmers until now were bound to sell only via traders licensed by the APMC at the price decided by them.
The Arab nation has now made it mandatory for Indian exporters to furnish a pesticide residue analysis report for each consignment of shipment of these products.
April consumer price inflation broke a recent slowing trend after food inflation came in at 6.32 percent, compared with 5.21 percent in March. Food prices are a political hot potato in India, where more than a quarter of its population of 1.2 billion people live on a mere 74 cents or less per day.