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.
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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 inflation in the food basket was 11.51 percent in July compared to 4.55 percent in June and 6.69 percent in July 2022.
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In a bid to alleviate the strain of soaring tomato prices, India has turned to its neighbor, Nepal, for imports.…
Owing to the sharp increase in electricity and Liquefied Petroleum Gas prices, short-term inflation has witnessed a year-on-year surge of…