El Niño, Hormuz Risk May Fuel 13% Jump In Food Prices
Citi Research warns El Niño risks and potential Strait of Hormuz disruptions could push global agricultural prices up 13 per cent, raising food inflation pressures.
Citi Research warns El Niño risks and potential Strait of Hormuz disruptions could push global agricultural prices up 13 per cent, raising food inflation pressures.
Amit Shah unveils Rs 128 crore Madhur Dairy plant in Gujarat with 2.5 lakh litre daily processing capacity, targeting higher income for livestock farmers.
The increase in customs duty on gold imports to 15 per cent could push up domestic prices, encourage grey market activity and impact India’s current account deficit, according to SBI Research.
Man-made yarn, fabrics and made-ups posted a stronger growth of 3.6 per cent, with exports increasing from Rs 41,196.0 crore to Rs 42,687.8 crore
India’s retail inflation rose to 3.21 per cent in February from 2.74 per cent in January, driven by higher food prices
Festive trade in Delhi alone is expected to cross Rs 15,000 crore as per Cait estimates
Crisil projects India’s CPI inflation at 4.3 per cent in FY27, up from 2.5 per cent in FY26, driven by base effects and food prices.
Corresponding inflation rates for rural and urban are 2.73 per cent and 2.77 per cent, respectively.
Wheat acreage has increased to about 334.17 lakh hectare compared to 328.04 lakh hectare last year, exceeding the normal expected rabi area
The Monetary Policy Committee says that headline inflation for 2025-26 is now projected at 2.1 per cent with Q4 at 3.2 per cent