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Much of the rise in prices has been in food items
Addressing a separate session on world food security, Thomas said that India's food law marks a paradigm shift in approach to food security -- from being a welfare measure to rights-based approach.
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
Going ahead with its "game changer" measure for next Lok Sabha polls, the Congress on Tuesday rolled out the ambitious food security scheme in three states -- Delhi, Haryana and Uttarakhand with party President Sonia Gandhi hailing the measure as "historic" and "unparalleled".
CRR remains unchanged at 4%; first repo rate cut since May 2013.
Zero inflation will pave way for rate cuts in the next RBI policy.
This development can strengthen the case for interest rate cut by the RBI.
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Inflation moderates, but a rate cut is unlikely.
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The agriculture sector is likely to grow in the range of 5.2-5.7 per cent in 2013-14, nearly three times more than the last year as good monsoon has raised the prospects of bumper harvest, a CACP discussion paper said.
It takes 6 to 8 months after the approval for a product to hit stores.
The malnourished children whose condition has attracted the attention of India's apex court.
The IMD came out with a dismaying prediction.
Ahead of the Monsoon session of Parliament, former Congress ally Dravida Munnetra Kazhagam on Monday indicated its support to the UPA's 'game-changer' Food Security Bill even though it has wanted a few changes in it.
Kharif sowing till June 20 almost 18 per cent less than last year; 328 districts under watch, based on rains in the first 15 days
'The Indian economy has been subsidised by the poor.'
'While wishing the Tibetan leader a long and healthy life, one can hope for a 'selection' of the Tibetan leader in the Indian Himalayas.' 'It is vital for Tibetan Buddhism, but it is also in India's political interests,' says Claude Arpi.
WPI inflation even breached psychological level of 0% in Nov.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
The cola major expands its portfolio of healthy foods under brands Tropicana and Quaker Oats, looks to bring down its sugar addiction by Apurva Venkat.
The 100MB app casts the cricketer in a digital avatar that can be used in a variety of ways. Celebrities, Urvi Malvania reports, are increasingly leveraging their fan following in the real world to build virtual empires.
A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation
The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.
Can Nestle go beyond Maggi? While recovery in the March quarter has been led by the popular noodle brand, the company hopes for a different revenue mix in five years.
According to the initial estimates, the flooding of rivers and heavy rainfall has caused damage to the agriculture crop to the tune of Rs 700 crore (Rs 7 billion) in the state.
The resentment against the government has increased.
After a string of extremely low and even negative monthly numbers, the industrial sector grew by 2.6 per cent year on year, far exceeding expectations.
Ushering in the biggest programme in the world to fight hunger, Parliament on Monday gave its nod to the landmark Food Security Bill which seeks to provide highly subsidised foodgrains to the country's two-third population as a right.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
Critical of the hurried clearance of the food security ordinance, Bharatiya Janata Party President Rajnath Singh said on Thursday the United Progressive Alliance government was just doing a "political gimmick in a hurry" before the 2014 general elections.
'You have the home-cooked food. But on top of that you are having the sugary drinks, the junk food, the mithais and whatever else....' 'People should not be frying in this sunflower oil, corn oil or eating any foods fried in this stuff.' 'They should cook in butter or ghee or olive oil. That is much healthier.'
Utkal Tubers is selling potato seeds in new areas and seizing the opportunity to create a Rs 100-crore firm.
Utkal Tubers is selling potato seeds in new areas and seizing the opportunity to create a Rs 100-crore firm.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
'The first time we actually got to meet a Bollywood star, it was Salman Khan.' 'We met him at his farm house.' 'For Pia, an actor is just an actor. There is no such thing as a star in her world, and that may or may not go down well with some people.'