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If WPI inflation is at record high, can retail inflation be far behind?

If WPI inflation is at record high, can retail inflation be far behind?

The annual rate of WPI-based inflation has hit a fresh high of 15.88 per cent (provisional)...

Retail inflation eases to 7.04 per cent in May 2022

Retail inflation eases to 7.04 per cent in May 2022

There is some good news on the retail inflation front. Having increased successively...

India’s rank goes up despite decline in FDI inflows: UNCTAD report

India’s rank goes up despite decline in FDI inflows: UNCTAD report

Global flows in 2021 recovered to pre-pandemic levels, reaching $1.58trn, up 64...

CCEA approves hike in MSP for Kharif crops; paddy goes up to Rs 2,040 per quintal

CCEA approves hike in MSP for Kharif crops; paddy goes up to Rs 2,040 per quintal

While the Reserve Bank of India (RBI) forecast on Wednesday only that the retail...

Sugar export contracts inching to 10 MT

Sugar export contracts inching to 10 MT

Considering an opening stock of about 8.2 MT as of Oct 1, 2021, domestic consumption...

RBI hikes Repo Rate by 50 basis points to 4.9 per cent, retail inflation forecast to 6.7 per cent

RBI hikes Repo Rate by 50 basis points to 4.9 per cent, retail inflation forecast to 6.7 per cent

The MPC of the RBI decided to raise the Repo Rate by 50 bps to 4.9 per cent at the...

Economy grows by only 4.1 per cent in Q4, GVA from agriculture by only 3 per cent in FY22

Economy grows by only 4.1 per cent in Q4, GVA from agriculture by only 3 per cent in FY22

The Omicron wave-induced restrictions and high commodity prices have affected economic...

Decision to regulate sugar exports to rein in prices; guidelines issued for mills and exporters

Decision to regulate sugar exports to rein in prices; guidelines issued for mills and exporters

Worried by the retail inflation rate nearing double digits, the government has gone...

Make a roadmap for seed supply to farmers: Tomar

Make a roadmap for seed supply to farmers: Tomar

Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar presided...

Govt cuts excise duty on petrol by Rs 8 and on diesel by Rs 6 to curb inflationary pressure

Govt cuts excise duty on petrol by Rs 8 and on diesel by Rs 6 to curb inflationary pressure

While fixing the retail prices of petrol and diesel, states apply VAT on excise...

49mn people in 43 countries one step away from famine: UN Secretary-General

49mn people in 43 countries one step away from famine: UN Secretary-General

António Guterres has suggested to the countries that they go for “investment in...

Govt claims no major decline likely in wheat production, export restrictions to curb prices

Govt claims no major decline likely in wheat production, export restrictions to curb prices

According to Commerce Secretary, no major decline is likely in wheat production....

Govt prohibits wheat export — an exercise in reining in prices

Govt prohibits wheat export — an exercise in reining in prices

The DGFT of the Ministry of Commerce issued a notification in this regard on Friday....

Public procurement of wheat reaches only 177.57 lt

Public procurement of wheat reaches only 177.57 lt

The Union government has estimated that the public procurement of wheat may end...

Sugar production goes up by 14 per cent, exports estimated to reach 90 lt

Sugar production goes up by 14 per cent, exports estimated to reach 90 lt

As per reports from the trade, around 82-83 lt of sugar export have been contracted...

Govt lowers wheat production estimates by 5.7 per cent; public procurement to be not even half that last year

Govt lowers wheat production estimates by 5.7 per cent; public procurement to be not even half that last year

The Ministry of Agriculture has revised downwards the estimate for wheat production...

Duty on petrol and diesel to shore up domestic supplies; customs duty on gold raised

According to the Ministry of Finance, a cess of Rs 6 per litre has been imposed on exports of petrol and ATF each while one of Rs...

National

IFFCO bags patents for Nano Urea and Nano DAP

The Patent Office of the Government of India has awarded the patents for 20 years. A true novel example of Atmanirbhar Bharat and...

Cooperatives

Wheat prices in the global market fall by 27 per cent from record high despite Ukraine crisis

On Tuesday June 28, the wheat price was only $9.39 per bushel (approx. $313 per tonne) while on March 7, it had gone up to $12.94...

International

IFFCO welcomes Ministry of Cooperation’s historic step towards digitalization of PACS

The computerization of PACS will connect the last-mile farmer to the economy of the country. It would create transparency and accountability...

Cooperatives

Cabinet approves computerization of PACS

This project proposes the computerization of about 63,000 functional PACS over a period of five years with a total budget outlay of...

Cooperatives

We have to depend on cooperatives for food security in future: Konda Reddy Chavva

Konda Reddy Chavva, Assistant FAOR, Food and Agriculture Organization (FAO), spoke about the case studies of agricultural cooperatives...

Cooperatives