Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year.
Inflation rose to 3.79 per cent for the first week of the New Year from 3.50 per cent during the previous week even as prices of some essential food items like vegetables and fruits fell.
Inflation increased to 4.13 per cent for the week ended June 23 compared to 4.03 per cent in the previous week mainly due to rising prices of food articles and manufactured products.
The wholesale price-based inflation stood at 5.78 per cent in the corresponding week a year ago. Among manufactured items, prices of bread and buns went up by seven per cent, while those of butter and cottonseed oil rose by two per cent, and maida one per cent.
It's time to focus on building a modern information system for Union excise and state VAT.
"Overheating is premature," Chidambaram told reporters on the sidelines of a United Bank of India programme in Kolkata.
As far as outcomes are concerned, the evidence on a soft landing, while not yet conclusive, shows movement in the right direction.
Inflation declined to 5.06 per cent for the week ended May 19 as compared to 5.27 per cent in the previous week due to lower prices of food articles including moong and wheat, and manufactured products.
Amid stock market crash and global financial crisis causing concern among the investors, a fall in inflation rate definitely comes as a relief.
Inflation declined to 5.44 per cent for the week ended May 5 against 5.66 per cent in the previous week owing to lower prices of essential food items and some manufactured products.
Inflation increased to 3.11 per cent for the week ended November 3, compared to 2.97 per cent a week ago, mainly due to rise in prices of food items, petroleum products and manufactured articles.
Inflation declines to 5.66 per cent for the week ended April 28 as compared to 5.77 per cent in the previous week.
Reversing its upward trend, inflation fell to a two-year low of 4.07 per cent in the week ended July 23 due to cheaper food products even as prices shot up for minerals, including iron ore
Inflation in the 'fuel and power' basket in December slumped to 8.38 per cent, nearly half of 16.28 per cent.
If Nirmala Sitharaman does indeed present a 'never-before' like Budget on February 1, going by her promise, she would create a new benchmark for post-contraction Budgets, observes A K Bhattacharya.
Inflation rose to 3.42 per cent for the week ended September 22, compared to 3.23 per cent in the previous week, mainly due to rise in prices of manufactured items like salt, imported edible oil and some food products. The wholesale price-based index stood at 5.43 per cent in the corresponding week a year ago.
The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90.
Inflation further eased to 3.23 per cent for the week ended September 15, compared to 3.32 per cent for the previous week, mainly due to fall in prices of fruits and vegetables, pulses, milk and some manufactured items.
RBI watchers are going to be on tenterhooks for the next 3 weeks.
The food articles group rose by 0.2 per cent due to higher prices of fruits and vegetables, condiments and spices, barley and wheat (one per cent each).
The wholesale price-based index stood at 5.27 per cent in the corresponding week a year ago.
Credit as a proportion of GDP is low in India by international standards.
Inflation declined to below four per cent for the first time in more than 15 months to touch 3.94 per cent for the week ended August 18, much less than the Reserve Bank's projection for this fiscal.
Inflation rose to 5.91 per cent during the week ended April 23 as vegetables, fruits, edible oil, industrial fuel and manufactured products became costlier.
Inflation is likely to remain above 11 per cent this year and may come down to around 9 per cent by March next year, says a survey of economists conducted by the Reserve Bank.
Inflation rose to 4.10 per cent for the week ended August 11, against 4.05 per cent in the previous week, mainly due to higher prices of fruits and vegetables, bajra, masoor, gram and some manufactured goods.
Economic think-tank, Institute of Economic Growth said on Wednesday it expected widely tracked wholesale prices-based inflation to hover above 6 per cent for the present quarter.
Inflation at 6 per cent was a matter of concern in the evolving macro-economic outlook and the Reserve Bank of India fears that consumer prices could be even higher at 7 to 8 per cent.
The major task in emerging economies now is how best to tackle high or rising food prices.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
However, prices of certain other food items like vegetables and most manufactured products rose. Fuels like naphtha also became dearer.
Inflation based on the wholesale price index zoomed to 6.12 per cent for the week ended January 6
The inflation numbers are still within the five per cent annual target of the Reserve Bank, which is due to review the monetary policy on July 31.
Inflation remained unchanged at the previous week's level of 4.27 per cent for the week ended July 7, despite a fall in prices of fruit and vegetables, poultry chicken, moong and masur, and some manufactured items.
Inflation rose to 4.27 per cent for the week ended June 30 as compared to 4.13 per cent in the previous week mainly due to increase in prices of food articles and some manufactured items.
Retail inflation was at a 25-month low of 8.1 per cent in February.
Inflation declined to around 14-month low of 4.03 per cent for the week ended June 16, as essential food items and some manufactured products turned cheaper, easing pressure on RBI to further increase interest rates.
Inflation eased to 4.28 per cent for the week ended June 9, as compared to 4.8 per cent for the previous week, mainly due to lower prices of food articles and some manufactured items.
Inflation further eased to 4.80 per cent for the week ended June 2 as compared to 4.85 per cent in the previous week, mainly due to decline in food prices and some fuel and manufactured items.
In May, price growth for drugs was in negative territory at (-)1 per cent
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