Prices of food items like cereals, pulses, and edible oils rose or remained steady in May, a Reserve Bank of India (RBI) report said, indicating there could be another higher inflation print. However, it observed that the Monetary Policy Committee's (MPC's) surprise move to increase interest rates bodes well for its credibility. The RBI's monthly State of the Economy report, released on Tuesday, citing high frequency food price data from the Ministry of Consumer Affairs for the period May 1-12, said the increase in the prices of cereals was primarily because of the surge in wheat prices.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
8 out of 10 households are planning to cut their tomato consumption if prices stay in the Rs 75-150 kg range over the next three months.
Punjab Chief Minister Charanjit Singh Channi on Tuesday allocated portfolios to the new ministers, keeping 14 departments with himself and giving home affairs to deputy chief minister Sukhjinder Singh Randhawa and health to other deputy O P Soni.
The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.
Agriculture Minister Sharad Pawar on Friday said it will be difficult to decontrol sugar industry as many state governments, including the country's second largest producer Uttar Pradesh, are against freeing this sector.
Minister of state for personnel Jitendra Singh said it is a major step to place the right talent for the right role.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
It is for the first time in the history of Independent India that not a single Muslim is part of the Union Cabinet.
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
There is no end to fraudulent investment schemes in India.
Prime Minister Narendra Modi on Friday held deliberations with Home Minister Amit Shah and BJP president J P Nadda amid speculation about a reshuffle in the Union cabinet, an exercise Modi has not undertaken since forming the government for a second time in May 2019.
'We have done what we needed to do on behalf of the consumers'.
Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country
The guidelines, which have made service charge "totally voluntary and not mandatory", will be sent to states for necessary action
The amendments to the six-and-half-decade law provides that stock holding limit on commodities will only be imposed under exceptional circumstances like national calamities, famine with a surge in prices, the minister said.
President Pranab Mukherjee on Friday accepted the resignation of Minister of State for Consumer Affairs and Food and Public Distribution, Raosaheb Dadarao Danve, from the Union Council of Ministers.
Union minister of state for agriculture and consumer affairs K V Thomas launched the facility at a function in Kochi on Saturday.
Among the panels announced on Thursday is the Appointments Committee of Cabinet (ACC) to be headed by the prime minister with Shah as the other member.
Observing that biased reporting gives rise to public suspicion that the person has committed an offence, a bench headed by Chief Justice D Y Chandrachud said media reports can also violate the privacy of a victim.
These flights belong to the fleet of Air India, Air India Express, IndiGo, Spice Jet, Vistara, Go Air, and also planes from Air Force.
However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.
Poor rain threatens recovery in production this season, sugar prices at three-month high
Close to 202,000 new entities have registered under the GST Network
Inviting the business community of Commonwealth nations to invest in India, Minister of State for Agriculture and Consumer Affairs K V Thomas said opportunities for business during sports events are very large.
The top court made this observation while ordering premature release of a woman convicted for murder of two children.
Retail tomato prices are ruling at Rs 80 per kg in most cities across India but the rates have shot up to as high as Rs 120 per kg in few southern states because of widespread rains, according to government data. In Chennai, retail price of tomato was at Rs 100 per kg, Puducherry Rs 90 per kg, Bengalure Rs 88 per kg and Hyderabad Rs 65 per kg. In Kerala, retail prices of tomato are ruling at Rs 120 per kg in Kottayam, Rs 110 per kg in Ernakulam, Rs 103 per kg in Tiruvananthapuram, Rs 100 per kg in Palakkad, Rs 97 per kg in Trissure, and Rs 90 per kg in Wayanad and Kozikode.
According to Santosh Kumar, the superintendent of police of Saran district, three persons each have died in Isuapur and Mashrak police station areas after allegedly consuming spurious liquor on Tuesday night.
PMO being sent daily updates on food cost situation in four major metropolitan cities to ensure no unusual flare-up.
'That's the beauty of Mumbai cricket. Nobody interferes with the running of the cricket, only the cricketers are allowed to run the cricket.'
Business chamber Assocham has asked the government to accord industry status to organised retail sector, which would improve investment inflows into the sector and increase its share in this segment. The move would increase the share of organised retail in the overall sector to 20-22 per cent from the current 3 per cent, Assocham said.
Union Minister Nitin Gadkari on Tuesday launched the country's first crash testing programme Bharat NCAP aimed at improving road safety standards of motor vehicles up to 3.5 tonnes. Bharat New Car Assessment Programme (Bharat NCAP) is India's own crash testing programme and is cheaper than tests conducted abroad, Gadkari said, adding that the star ratings will help buyers understand the quality of the product and make an informed purchase decision. Bharat NCAP will be implemented from October 1, 2023.
The prices of tomato are continuously moving up with the onset of monsoon due to strained supplies and higher wholesale prices in key producing states.
Last week, after months of scrutiny, the Forward Markets Commission, the regulator for futures trading in commodities, approved a proposal from state-owned MMTC Ltd and finance-to-real estate group Indiabulls to set up a national multi-commodity exchange.
The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:
State Food, Civil supplies and Consumer Affairs minister has rushed to New Delhi to take up the matter and explain the gravity of the situation in view of the reduction of rice quota with the Centre on Monday.
The agency has alleged that Tuki, then minister of consumer affairs and civil supplies in Arunachal Pradesh, had colluded with his brother Nabam Tagam to siphon off illegal gratification received for the contracts given to develop two parking places in Nirjulee and Naharlagun in the state worth Rs 61.43 lakh and Rs 2.60 crore.
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