Prices of food articles continued to rise over the previous week. Bajra and urad prices rose by two per cent each, and condiments and spices, arhar, and fruit and vegetables became more expensive by one per cent.
Rajesh Karkera/Rediff.com shares a special two-in-one recipe for the traditional kori gassi and chicken sukka.
It could add to pressure on inflation, especially food inflation, which was already high, it said.
According to Japanese financial services major Nomura, despite slowing external demand, the domestic growth cycle is improving.
RBI lowers GDP forecast for FY16 to 7.4%
These decisions were announced by food and agriculture minister Sharad Pawar in the Rajya Sabha on Friday, a day after Prime Minister Manmohan Singh and his cabinet colleagues were briefed on the monsoon situation and Kharif sowing. Allaying fears of shortage of foodgrain, Pawar said, "Stock position is quite comfortable. We have sufficient stock position for 13 months in our kitty".
However, risks to the outlook stems from possible sub-normal monsoon and higher crude oil prices (on account of the crisis in Iraq)," the Economic Survey 2013-14 tabled in Parliament by Finance Minister Arun Jaitley said.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
RBI unsure whether to cut rates or not in its next monetary policy.
In 2009, when urban India was in the throes of a slowdown, with growth likely down to 6 per cent and shopping malls going empty, the electorate gave a clear thumbs up.
RBI policy surely cannot impact agflation, in any case.
Inflation in 'fuel and power' basket rose sharply to 11.22 per cent in May from 7.85 per cent in April as prices of domestic fuel increased in line with rising global crude oil rates.
Around six lakh people have been housed in over 2000 relief camps in the two states.
'Corona will go on for more than six months now in Mumbai city.' 'It cannot vanish within just two or three months.' 'This infection may remain there in communities, somewhere or the other, like swine flu.'
Food production in the current fiscal is likely to go down as sowing will be 20 per cent lower due to the weak monsoon, Finance Minister Pranab Mukherjee said on Tuesday. Also, 161 districts have been declared drought-prone, he added.
However, economists warned that going forward monsoon could play truant; already processed food production is down 14.7 per cent in May and 27.2 per cent in the first two months of this fiscal. Though industrial growth in May was down from 4.4 per cent a year ago, it was quite encouraging as it was more than double the 1.2 per cent in April, when growth turned positive after being in negative territory almost every month since October 2008.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
Consumer prices were forecast to have risen 10.00 per cent annually last month, barely changed from the 10.09 per cent clocked in October.
India's first quarter GDP growth print was 7.9 per cent y-o-y, primarily led by urban consumption demand
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
Government's food subsidy bill tends to rise in tandem with the MSP increase.
The public sector banks are not in a position to cut rates because of their weak balance sheets and massive portfolios of non-performing assets, says Devangshu Datta.
The maximum death toll has been reported from Idukki district, where 43 people have lost their lives so far, as per official estimates. 28 deaths were reported in Malappuram and 27 in Thrissur.
It is only 'zero-cost' money from FPIs that is keeping the market afloat
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
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.
The United Nations and its partners are supporting the governments of India and Nepal in search-and-rescue operations and providing assistance to thousands of people displaced due to landslides triggered by monsoonal rains in the two countries.
Vikhe Patil, who was leader of opposition in the state assembly, resigned from the Congress recently.
Rajan addressed a group of investors in Boston on Thursday.
'A proposal to do away with labour laws is not feasible.' 'That's why we wanted to have a dialogue with the states.'
The rate of price rise in vegetables stood at 15.15 per cent in August as against 16.88 per cent in the previous month.
Inflation moderates, but a rate cut is unlikely.
From India's first Vietnamese restaurant to a molecular restaurant, Gitanjali Gurbaxani lists her choices for a monsoon treat in Bengaluru.
The government, which has expedited rehabilitation efforts, said over 1.28 crore food packets have been distributed and an immediate relief amount of Rs 67.47 crore was disbursed among over 1.11 lakh families.
WPI inflation even breached psychological level of 0% in Nov.
With rising global crude and food prices overshadowing celebrations of its four years in office, the UPA government on Thursday assured the people that it working toward containing inflation, which it hoped, would be moderated in the next 8-10 weeks.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
This is not the 1st time dal prices have gone over the roof
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