Articles for Food Inflation

Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma
6 days, 11 hours ago

Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma

Live Mint  

Shaktikanta Das’ tenure as governor of the Reserve Bank of India has come to an end. For companies, lower rates mean lower interest outflows on their existing borrowings and hence higher profits and possibly higher stock prices. For market participants, lower rates mean that retail investors are incentivized to invest more in stocks in search of higher returns, leading to …

Food India Market Inflation Monetary Policy Control Interest
ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained
Trending News
2 weeks ago

ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained

Live Mint  

Stock Market Today: FMCG stocks came under significant selling pressure on Monday, December 9 as a weak mid-quarter business update from Godrej Consumer Products raised concerns across the sector about demand revival. Indian FMCG companies are currently grappling with twin challenges: rising commodity prices and weak demand from urban consumers, which severely impacted margins in the second quarter. Godrej Consumer …

India Growth Consumer Inflation Urban Food Inflation Demand
Rising food inflation: Thali costs soar 7% YoY on pricey staples like potatoes, tomatoes
2 weeks, 3 days ago

Rising food inflation: Thali costs soar 7% YoY on pricey staples like potatoes, tomatoes

Live Mint  

The cost of a home-cooked vegetarian meal, or thali, climbed 7% year-on-year in November, driven by a sharp rise in vegetable prices, rating agency Crisil Ltd said on Thursday. On a monthly basis, the cost of a vegetarian thali fell 2% in November, thanks to a 17% drop in tomato prices as fresh supplies from Madhya Pradesh, Maharashtra, and Gujarat …

Inflation Prices Vegetarian Food Inflation Cost Potato Thali
RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?
2 weeks, 3 days ago

RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?

India Today  

The Reserve Bank of India’s Monetary Policy Committee is set to make key announcements on Friday after its three-day meeting today. Others suggest a "dovish hold," where the RBI signals a willingness to cut rates in the future while maintaining the current rate. "A rate cut is more likely at the February meeting, but the recent GDP miss might push …

India Growth Inflation Food Inflation Rate Rbi Meeting
'Our job is…': RBI Governor defends policy action amid criticism over lending rates
2 weeks, 3 days ago

'Our job is…': RBI Governor defends policy action amid criticism over lending rates

India Today  

RBI Governor Shaktikanta Das defended the central bank’s cautious approach to cutting key rates during his address on Friday. In his statement during the Monetary Policy Committee meeting for December, Das highlighted the importance of maintaining economic stability amidst evolving global and domestic challenges. “As a central bank, our job is that of an anchor of stability and confidence, which …

Inflation Monetary Policy Food Inflation Rbi Das Mpc
RBI MPC Meeting: What does India’s Q2 GDP print mean for the monetary policy? Experts weigh in
2 weeks, 5 days ago

RBI MPC Meeting: What does India’s Q2 GDP print mean for the monetary policy? Experts weigh in

Live Mint  

RBI MPC Meeting: Reserve Bank of India Governor Shaktikanta Das will unveil the fifth monetary policy of the current financial year 2024-25 on Friday, December 6, after a three-day meeting which began today, December 4, 2024. India's Q2 GDP print, H2 outlook India’s Q2FY25 GDP growth was negatively surprised at 5.4 per cent YoY, with the deceleration led by moderation …

India Policy Growth Inflation Bank Food Inflation Cent
RBI MPC to start today: Will there be a rate cut? 3 things to know
Trending News
2 weeks, 5 days ago

RBI MPC to start today: Will there be a rate cut? 3 things to know

India Today  

The Reserve Bank of India’s Monetary Policy Committee begins its three-day meeting today. The Reserve Bank of India has kept the repo rate steady at 6.5% for the last nine policy meetings, and it appears likely to maintain this position in the upcoming MPC announcement as well. The RBI may opt for easing liquidity by announcing a 50-basis-point CRR cut, …

India Growth Inflation Economic Food Inflation Rate Cut
Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice
3 weeks, 1 day ago

Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice

Live Mint  

The FMCG sector has been one of the poorest performers over the past 18 months. Urban demand, which accounts for about 2/3rd of FMCG business, volume growth more than halved in 2024 due to an increase in food inflation, moderation in disposable income, and reduction in central & state expenditure. Also new large entrants like Reliance Consumer are eating market …

Food Urban Food Inflation 2024 Demand Growth Industry Fmcg
India: Urban demand to regain momentum by end of Q4
3 weeks, 4 days ago

India: Urban demand to regain momentum by end of Q4

Deccan Chronicle  

Chennai : Urban dDemand in India is undergoing a cyclical slowdown, influenced by inflationary pressures, muted wage growth, and cautious consumer behaviour among the middle class. Towards middle to fag end of the fourth quarter when inflationary pressures ease and disposable incomes stabilize, urban demand is likely to regain its momentum. Income growth for the non-salaried urban workforce has averaged …

Inflation Urban Food Inflation End Middle Demand Cent
India Expects Relief in Food Inflation with Strong Kharif Harvest
4 weeks ago

India Expects Relief in Food Inflation with Strong Kharif Harvest

Deccan Chronicle  

As per the report, India’s retail inflation jumped to 6.21 percent in October, a 14-month high, driven by elevated food inflation in a few vegetables. A bumper kharif harvest is expected to lower food inflation in the coming months," it said, adding that a favourable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost rabi sowing …

India Food Inflation Report
Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report
4 weeks ago

Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report

ABP News  

The finance ministry in its latest economic review for October revealed that food inflation is expected to slowdown in the upcoming months. “Supply disruptions from heavy rains in major producing states contributed to price pressures in tomatoes, onions, and potatoes, while elevated global prices drove up oil and fat inflation,” the ministry in the review stated. The report, released by …

Economic Food Inflation Monsoon Months
India’s central bank should adhere to its inflation-targeting mandate
Trending News
1 month ago

India’s central bank should adhere to its inflation-targeting mandate

Live Mint  

Less than four years after the government concluded its review of India’s inflation-targeting regime in April 2021 and opted to keep both its target and nitty-gritty—its target range, indicator, etc—unchanged, its view of inflation targeting seems to be shifting. After commerce and industry minister Piyush Goyal and then finance minister Nirmala Sitharaman called for lower interest rates, on Tuesday chief …

Food India Policy Inflation Monetary Policy Interest Rates Food Inflation
Why Nirmala Sitharaman, Piyush Goyal would like RBI to slash interest rates
1 month ago

Why Nirmala Sitharaman, Piyush Goyal would like RBI to slash interest rates

India Today  

Two senior ministers of the Narendra Modi government have recently underlined the need to lower interest rates to spur growth, bringing into focus a matter that, in the past, sparked heated debates and even led to differences of opinion between the government of the day and the Reserve Bank of India. Both Union finance minister Nirmala Sitharaman and Union commerce …

India Inflation Urban Bank Interest Rates Interest Food Inflation
Tomatoes, Onions, Gold Driving CPI Inflation Says CEA
1 month ago

Tomatoes, Onions, Gold Driving CPI Inflation Says CEA

Deccan Chronicle  

Mumbai: Chief Economic Adviser V Anantha Nageswaran on Tuesday said that the recent rise in Consumer Price Index -based inflation is primarily driven by a select few commodities. Nageswaran explained that excluding tomatoes, onions, potatoes, and gold and silver from the CPI calculation reveals a much lower headline inflation rate of just 4.2 per cent for October. While these items …

India Food Inflation Rate Cpi Cea Nageswaran Cent Inflation
Nirmala Sitharaman calls for 'affordable' interest rates after Piyush Goyal
Trending News
1 month ago

Nirmala Sitharaman calls for 'affordable' interest rates after Piyush Goyal

India Today  

Union Finance Minister Nirmala Sitharaman has called for more affordable bank lending rates, joining Commerce and Industry Minister Piyush Goyal in highlighting concerns about the cost of borrowing. INTEREST RATE OUTLOOK The Reserve Bank of India’s Monetary Policy Committee has kept the repo rate unchanged since February 2023, citing persistent inflation pressures. PIYUSH GOYAL'S REMARKS Last week, Piyush Goyal also …

Food India Inflation Interest Food Inflation Rate Rbi
Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds
1 month, 1 week ago

Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds

India Today  

Union Minister of Commerce and Industry Piyush Goyal shared his opinion that food price inflation should not play a role in the Reserve Bank of India's interest rate decisions. RBI Governor Shaktikanta Das had earlier warned that inflation risks could rise due to factors like food prices, indicating that a rate cut should not be assumed. RBI GOVERNOR SHAKTIKANTA DAS …

Food India Inflation Interest Rates Interest Food Inflation Rate
DC Edit | RBI may have to defer rate cut
1 month, 1 week ago

DC Edit | RBI may have to defer rate cut

Deccan Chronicle  

Consumer Price Index-based retail inflation has crossed the Reserve Bank of India’s comfort level of four per cent in October at 6.21 per cent, compared to 4.87 per cent in the year ago period. The 14-month high inflation figure in October dashed hopes of a repo rate cut by the Reserve Bank of India during its policy meeting in December. …

Food Inflation Food Inflation Cent Rbi Rate Cut Dc Edit
Food inflation at double digits, households in distress: Kharge questions PM Modi
1 month, 1 week ago

Food inflation at double digits, households in distress: Kharge questions PM Modi

Hindustan Times  

Congress president Mallikarjun Kharge on Thursday criticised Prime Minister Narendra Modi for the lack of development in the country citing food inflation, fall of Rupee and low average income of rural people in the country. In a post written in Hindi on his official X account, Kharge drew analogies on slogans coined by PM Modi to inflation, fall in Rupee …

Food Inflation Rupee Slogan Digits Households Country Kharge
Rising food prices push India’s wholesale inflation to four-month high in Oct
Trending News
1 month, 1 week ago

Rising food prices push India’s wholesale inflation to four-month high in Oct

Live Mint  

India's wholesale price index -based inflation rose to a four-month high of 2.36% in October due to rising food prices, showed the ministry of commerce and industry's provisional data on Thursday. On a year-on-year basis, the core WPI print rose to 0.3% in October," said Rahul Agrawal, senior economist, Icra Ltd. Elevated food prices have also pushed India's retail inflation, …

India Food Inflation Month Oct Rose Wpi Prices Push
All about the inflation spike: how, why & when
Trending News
1 month, 1 week ago

All about the inflation spike: how, why & when

Live Mint  

The consumer price index —or retail inflation—surged in October to 6.2%, breaching the Reserve Bank of India’s upper tolerance limit. Despite the RBI governor Shaktikanta Das’s warning of higher inflation in October, the 6.2% reading, which marks a 14-month high, came as a surprise. For the first time in 13 months, the inflation breached the 6% mark—the higher end of …

Food India Inflation Prices Price Food Inflation High
Wholesale inflation rises to 2.36 per cent in October mirroring retail figures, food costs up 11.59 per cent
1 month, 1 week ago

Wholesale inflation rises to 2.36 per cent in October mirroring retail figures, food costs up 11.59 per cent

India TV News  

In line with the uptick in retail inflation, wholesale inflation in India too witnessed a sharp spike in October. The annual rate of inflation based on all India Wholesale Price Index number is 2.36 per cent for the month of October, 2024. For food index, which has 24.38 per cent weightage, the rate of wholesale inflation was at 11.59 per …

Food Inflation Cent Wpi Retail Inflation Wholesale Inflation India Wholesale
Vegetable prices sizzle to 57-month high; Any respite in near-term? Experts weigh in
1 month, 1 week ago

Vegetable prices sizzle to 57-month high; Any respite in near-term? Experts weigh in

Live Mint  

India's food inflation: India's retail inflation hit a worrying 14-month high of 6.2 per cent in October 2024, breaching the Reserve Bank of India 's medium-term tolerance band of two to six per cent for the first time in over a year. Decoding India's food inflation: Core, vegetables, other items India's core inflation rose to a 10-month high of four …

Food India Delhi Inflation Food Inflation 2024 Cent
India's middle class tightens its belt, squeezed by food inflation
1 month, 1 week ago

India's middle class tightens its belt, squeezed by food inflation

Deccan Chronicle  

CHENNAI/NEW DELHI: 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. They are considered a key demographic both economically and politically, with middle class frustration seen as a significant factor behind Prime Minister Narendra Modi's weaker election performance this year.Asia's third-largest economy …

Food India Growth Inflation Urban Indian Middle Class
Why October inflation numbers may delay RBI interest rate cut
1 month, 1 week ago

Why October inflation numbers may delay RBI interest rate cut

India Today  

India’s consumer price inflation rose to a 14-month high of 6.2 per cent in October, breaching the Reserve Bank of India’s target range of 2-6 per cent, driven by high food inflation. Food and beverages inflation stood at 9.7 per cent in October, in which the inflation on vegetables alone was over 42.2 per cent, a 57-month high. “With mixed …

Food Inflation Food Inflation Cent Rbi Interest Rate Mpc