Thali Costs Ease In October As Key Veg Prices Fall
Thali costs dipped in October as vegetable and pulse prices fell sharply, Crisil and Bank of Baroda data show, keeping food inflation mild.
Food
Consumer
Economy
Food
Indian Households Altering Their Spending Patterns To Non-food Items: Report
- by BW Retail World Bureau
- January 4, 2025
In rural areas, the percentage of spending on food decreased from 52.9 per cent in 2011-12 to 47.04 per cent in 2023-24, as per the report
Government
News
Govt Warns Against Forward Trading, Emphasises Transparency In Pulse Market
- by BW Retail World Bureau
- April 15, 2024
In anticipation of the upcoming operationalisation of online stock monitoring from 15 April 2024, the government has issued a warning against forward trading, a practice known to distort the market, to ensure sufficient supplies of pulses in the country. According to an official statement, Consumer Affairs Secretary Nidhi Khare has taken proactive steps to ensure […]
Finance
Government
National
News
Govt Steps Bring Down Prices Of Perishables, Says Sitharaman
- by BW Retail World Bureau
- February 7, 2024
Union Finance Minister Nirmala Sitharaman on Tuesday said prices of perishable items have come down and are well within the tolerance band. To a query raised by AIADMK’s M Thambi Durai on the rise in retail inflation, during the Question Hour in Rajya Sabha today, she detailed the interventions made by her government to keep […]
Food
National
News
Concerns Mount Over Food Inflation Amidst Reduced Rabi Crop Sowing Before 2024 Lok Sabha Elections
- by BW Retail World Bureau
- January 1, 2024
The government is concerned about reduced rabi crop sowing potentially leading to heightened inflation prior to the 2024 general elections, especially with significant price hikes in cereals and pulses. As the rabi sowing nears completion, data from the agriculture ministry indicates a decrease in the area under wheat by 4 per cent, rice by 2 […]
Consumer
International
News
Trade
India-Australia Trade Surges 14% After Trade Agreement
- by BW Retail World Bureau
- December 30, 2023
Exports from India to Australia have grown by 14 per cent to USD 5.8 billion in April-November this fiscal year due to the strong growth of various sectors, such as engineering, pharmaceuticals and electronics, according to a senior official’s statement on 29 December. The interim free trade agreement implemented on 29 December last year has […]
Government
Grocery
News
Govt Extends Import Duty Exemption On Tur, Urad Dal By One Year Until March 2025
- by BW Retail World Bureau
- December 29, 2023
In the wake of persistent inflation, the Indian government has announced an extension of the exemption for tur and urad dal imports until 31 March 2025. This decision, conveyed through an order from the Director General of Foreign Trade, mirrors the recent extension of the import duty exemption for masur dal until the same date, […]
Economy
Finance
National
News
Retail
Wholesale Inflation Returns To Positive Territory In India After 7 Months
- by BW Retail World Bureau
- December 15, 2023
Wholesale inflation in India, based on the Wholesale Price Index, is back in positive territory after staying in the negative zone for the seventh straight month until October. Data released by the Ministry of Commerce and Industry on Thursday afternoon showed India’s wholesale inflation in November stood at 0.26 per cent. In October, it was […]
Food
National
News
Spike In Food Prices Take India’s Retail Inflation To 3-month High
- by BW Retail World Bureau
- December 14, 2023
Retail inflation in India rose at its fastest pace in three months in November, largely due to a spike in food prices. The retail inflation or Consumer Price Index in November was 5.55 per cent. The October consumer price index (CPI) was at 4.87 per cent and 5.02 per cent in September. The retail inflation […]
Food
News
Retail
Onion, Tomato Price Hike Pushes Up Thali Costs By 5-10% In November
- by BW Retail World Bureau
- December 8, 2023
The rise in prices of onions and tomatoes pushed up the cost of vegetarian and non-vegetarian thalis by 10 per cent and 5 per cent respectively in November over the last month, according to a report by CRISIL. This is a rise of 9 per cent in the cost of the vegetarian thali in November […]