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  • Raw material prices of packaging material have gone through the roof: Ashutosh Manohar, MD, Tetra Pak India Aug 31, 2021 12:38 PM IST

    Raw material prices of packaging material have gone through the roof: Ashutosh Manohar, MD, Tetra Pak India

    Although packaging solutions company Tetra Pak’s Indian unit has witnessed the emergence of new categories that have increased demand for its products, it is struggling with almost a decade-high inflation in several raw materials.

  • Why edible oil prices have surged to their highest in a decade May 27, 2021 04:25 PM IST

    Why edible oil prices have surged to their highest in a decade

    Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months

  • April wholesale inflation reaches 10.49% as high fuel costs continue to hurt May 17, 2021 12:50 PM IST

    April wholesale inflation reaches 10.49% as high fuel costs continue to hurt

    Fuel inflation has doubled for two straight months now, hitting 21 percent in April, up from 10.2 percent in March, and just 0.6 percent in February. Further pushed up by a 9 percent rise in manufacturing prices and a continuing uptick in food prices, wholesale inflation reached near-record levels in April.

  • March wholesale inflation reaches 7.3% as high fuel costs hurt Apr 15, 2021 12:41 PM IST

    March wholesale inflation reaches 7.3% as high fuel costs hurt

    Fuel inflation jumped by 10.2 percent jump in March, after rising just 0.6 percent in February. Further pushed up by a 7.3 percent rise in manufacturing prices and a continuing uptick in food prices, wholesale inflation reached near-record levels in March.

  • March CPI inflation at 5.52%, up from February's 5.03% Apr 12, 2021 05:36 PM IST

    March CPI inflation at 5.52%, up from February's 5.03%

    The combined food price inflation rose to 4.94 percent in March, as compared to 3.87 percent in February.

  • Diesel prices hit an all-time high as oil prices continue to rise Apr 19, 2018 03:26 PM IST

    Diesel prices hit an all-time high as oil prices continue to rise

    Diesel prices touched an all-time high today with a litre of diesel costing Rs 65.27 in Delhi and Rs 69.50 in Mumbai

  • There may be initial problems during GST roll-out: FM Arun Jaitley Jun 27, 2017 04:59 PM IST

    There may be initial problems during GST roll-out: FM Arun Jaitley

    Jaitley also said that the GST Council will look at bringing real estate within the GST net by next year and revisit taxing of petroleum products under the new regime in 1-2 years.

  • Government not considering higher wheat import duty Dec 16, 2016 07:40 PM IST

    Government not considering higher wheat import duty

    Last week, the government had reduced import duty on wheat to zero from 10 percent to boost domestic supplies and check price rise.

  • Cong has no moral right to criticise NDA govt on price-rise: Min Jul 21, 2016 09:20 AM IST

    Cong has no moral right to criticise NDA govt on price-rise: Min

    "Congress has no moral right to criticise the NDA government on price rise as it is solely responsible for the present situation," Naidu, the Union Urban Development and Information and Broadcasting minister, said.

  • India offers to buy tur dal from Mozambique at MSP plus cost Jun 29, 2016 12:14 PM IST

    India offers to buy tur dal from Mozambique at MSP plus cost

    Pulse prices in domestic markets are retailing as high as Rs 198 per kg due to shortfall in the local output in the wake of two consecutive droughts.

  • PM Modi govt is breaking all records on price rise: Congress Jun 16, 2016 07:26 AM IST

    PM Modi govt is breaking all records on price rise: Congress

    Party's senior spokesman Ajay Maken said that the common man is hit hard with the rising prices of essential commodities and food retail inflation at 7.55 per cent, a 21 month high. It appears that this Government is not concerned with reducing prices, he said.

  • Govt puts stock limits on pulses by retailers, importers Oct 18, 2015 06:10 PM IST

    Govt puts stock limits on pulses by retailers, importers

    It has also directed state governments to intensify anti-hoarding operations and keep a check on black-marketing and profiteering by traders.

  • SP adamant, disrupts Lokpal proceedings in Rajya Sabha Dec 17, 2013 11:27 AM IST

    SP adamant, disrupts Lokpal proceedings in Rajya Sabha

    Earlier on Tuesday, Congress Vice President Rahul Gandhi replied to anti-corruption activist Anna Hazare's letter on the Lokpal Bill saying the government was committed to the Bill. Anna had written to Rahul thanking him for his commitment to get the Lokpal Bill passed.

  • Inflation-indexed bonds: The safest investment option Jun 25, 2013 03:30 PM IST

    Inflation-indexed bonds: The safest investment option

    Tax and investment consultant Subhash Lakhotia simplifies the various advantages of inflation indexed bonds and how they will be helpful to small time retail investors from inflation.

  • GSPC hikes CNG prices by Rs 2/kg; LPG by Rs4/PSCM Jun 18, 2013 10:51 PM IST

    GSPC hikes CNG prices by Rs 2/kg; LPG by Rs4/PSCM

    Gujarat State Petroleum Corporation (GSPC) hiked its CNG prices by Rs 2/kg and of piped cooking gas by Rs 4/PSCM. This was done due to lack of cheaper domestic gas by the Central Government.

  • Oil rises to near $94 as US supplies of crude drop Jun 06, 2013 12:28 PM IST

    Oil rises to near $94 as US supplies of crude drop

    Analysts expected a drop of one million barrels. Separately, the American Petroleum Institute said stockpiles shrank by 464,000 to 387.3 million barrels. Tighter supplies tend to push oil prices higher.

  • NALCO raises aluminium prices Dec 15, 2012 12:47 PM IST

    NALCO raises aluminium prices

    State-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by 2,000 rupees per tonne for all products in the domestic market, effective December 14, company sources said on Saturday.

  • Trust vote: BJP, AIADMK to meet as TMC stays defiant Nov 20, 2012 08:45 AM IST

    Trust vote: BJP, AIADMK to meet as TMC stays defiant

    The Bharatiya Janata Party (BJP) and the AIADMK are expected to meet on Tuesday to decide on their strategy over the no-confidence motion being sought by Trinamool Congress (TMC) chief Mamata Banerjee in Parliament against the government over price rise and FDI in multi-brand retail.

  • Chidambaram expresses shock over 'distortion' of his remark Jul 11, 2012 02:24 PM IST

    Chidambaram expresses shock over 'distortion' of his remark

    Home Minister P Chidambaram today expressed shock and disgust over "deliberate distortion" of his statement in the media about middle class attitude towards price rise, saying he did not "mock or chide" anyone.

  • Tea prices to rise in 2012 on supply shortage, wage hike Feb 15, 2012 04:43 PM IST

    Tea prices to rise in 2012 on supply shortage, wage hike

    Get set to pay more for your cup of tea. A continued demand-supply gap, high input costs and wage hikes for tea garden workers means tea prices will go up around Rs 10 per kg when the new season begins this year.

  • December inflation at a two-year low of 7.47 pc Jan 16, 2012 02:14 PM IST

    December inflation at a two-year low of 7.47 pc

    Headline inflation fell to a two-year low of 7.47 per cent in December 2011 on cheaper food items, a factor which may prompt the Reserve Bank to cut policy rates in the upcoming review.

  • Trade unions to go on day-long nationwide strike on Feb 28 Dec 02, 2011 07:36 PM IST

    Trade unions to go on day-long nationwide strike on Feb 28

    All major trade unions, including those affiliated to ruling Congress and Opposition BJP, today decided to go on a day-long nationwide general strike a day ahead of the presentation of the budget next year.

  • Cornered alike by friends and foes, Govt flounders Nov 29, 2011 04:39 PM IST

    Cornered alike by friends and foes, Govt flounders

    There is no love lost between the Congress-led United Progressive Alliance and the Opposition as the two sides are involved in a bitter battle of nerves during the ongoing winter session of Parliament.

  • Parliament adjourned twice after uproar over price rise Nov 24, 2011 01:36 PM IST

    Parliament adjourned twice after uproar over price rise

    The issues of price rise and Telangana created turmoil in Parliament for the third day today as agitated Opposition members raised slogans leading to two adjournments of both Houses.

  • Wrong inflation forecasts hurt India's integrity: Ahluwalia Nov 20, 2011 03:32 PM IST

    Wrong inflation forecasts hurt India's integrity: Ahluwalia

    Over-optimistic forecasts by policymakers predicting when India's stubbornly high inflation would ease have hurt the government's credibility, although price rises should moderate by the end of the fiscal year in March, a senior adviser said on Sunday.

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