Price of tomato declining: Centre
The Centre on Sunday claimed that the retail prices of tomatoes are on the decline with the fall in mandi prices.
The Centre on Sunday claimed that the retail prices of tomatoes are on the decline with the fall in mandi prices.
The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively, Ministry of Statistics and Programme Implementation (MoSPI) said on Tuesday.
India’s inflationary pressures are back in the spotlight, as food prices surge amid unpredictable weather patterns and shifting global dynamics.
The US Federal Reserve's latest rate cut signals a nuanced approach to managing economic stability amid shifting pressures on inflation, employment, and political changes.
Speaking at a media event, the Governor assured that the RBI is prepared to act with strength and agility, likening the Indian economy to a tiger for its resilience amid fluctuating global conditions.
The corresponding figures for August were 5.96 per cent for agricultural labourers and 6.08 per cent for rural labourers, according to the Labour Ministry data.
The Reserve Bank of India’s (RBI) recent decision to maintain the key interest rate at 6.50 per cent while shifting its policy stance to “neutral” represents a strategic recalibration in its approach to balancing inflation control and economic growth.
The month over month change in WPI index for September 2024 stood at 0.06% as compared to August 2024.
With prices of essential commodities, including vegetables shooting up considerably on the eve of the Durga Pujas, chief secretary Manoj Pant will convene a high-level meeting at the state secretariat tomorrow in order to put a check on price rise, said sources at Nabanna.
The all-India Consumer Price Index-Industrial Workers (CPI-IW) for August decreased by 0.1 points, and stood at 142.6.
