Mon, Nov 18, 2024
Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement.
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Thu, Nov 14, 2024
The report attributed this price surge to heavy rains in August and September, which disrupted supply chains, leading to a 28 per cent drop in mandi arrivals over the past two months and pushing up tomato prices by 49 per cent month-on-month in October.
Mon, Oct 28, 2024
Nomura said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26.
Wed, Dec 27, 2023
Markets are now pricing in a 79 per cent chance of a rate cut starting in March 2024, according to CME FedWatch tool, with as much as 153 basis points of cuts priced in for next year.
Tue, Dec 26, 2023
In Asia, China stocks eased 0.12 per cent in early trading, with online gaming companies still reeling from new rules to curb spending on video games, while Hong Kong's Hang Seng Index (.HSI) remained closed.
Tue, Dec 12, 2023
The retail inflation based on the Consumer Price Index (CPI) was at 4.87 per cent in October. Inflation had been declining since August when it touched 6.83 per cent.
Decision taken to delay Kharif crop, steps taken to maintain availability of onion: Rohit Kumar Singh, Consumer Affairs Secretary Watch special talk from Consumer Affairs Secretary Rohit Kumar Singh
This positive economic news is being strengthened by expectations of political stability after the 2024 general elections.
Mon, Dec 11, 2023
"Temporary increases in inflation on a few occasions are caused by demand-supply mismatches arising out of global shocks and adverse weather conditions," Finance Minister Nirmala Sitharaman added.
Sun, Dec 10, 2023
The Indian market achieved an all-time high, driven by robust domestic GDP growth.
China's finance ministry called the decision disappointing, saying the economy would rebound and risks were controllable.
Fri, Dec 08, 2023
Union Minister Piyush Goyal delivers optimistic news about India's booming economy and historic low inflation in a speech to the Consumer Electronics and Appliances Manufacturers Association. Watch this video to hear his insights on India's impressive economic performance and its positive implications for the future.
Tue, Nov 28, 2023
The JCM, which brings together labour unions in metal industries representing 2 million workers, will make its final decision on the level of base pay hikes on December 6, the official said.
Fri, Nov 24, 2023
Russia's Central Bank has raised its key lending rate four times this year to try to get inflation under control and stabilize the ruble's exchange rate as the economy weathers the effects of Russia's military operation in Ukraine and the Western sanctions imposed as a consequence.
Tue, Nov 21, 2023
Heavily-weighted financials added 0.4 per cent and technology ended nearly 1 per cent higher.
Mon, Nov 20, 2023
OECD data shows average wages have barely risen in Japan for about past 30 years as chronic deflation and prospects of prolonged low growth discouraged firms from raising pay.
Thu, Nov 16, 2023
The Toronto Stock Exchange's S&P/TSX composite index ended up 34.16 points, or 0.2 per cent, at 20,057.89, its fifth straight day of gains and its highest closing level since September 20.
Wed, Nov 15, 2023
Consumption was flat in July-September after sliding 0.9 per cent in the previous quarter, falling short of economists' median estimate for 0.2 per cent growth.
Fri, Nov 10, 2023
Fed Chair Jerome Powell comments, taken as hawkish by markets that bid up market interest rates, were echoed by three colleagues who continued to keep the emphasis on taming inflation as the Fed's main concern.
Mon, Nov 06, 2023
Union Minister for Consumer Affairs, Food and Public Distribution Piyush Goyal flagged off 100 mobile vans from New Delhi's Kartavya Path for the sale of wheat flour under the government's Bharat atta scheme, aimed at ensuring a fair price of the grain for the consumer.
Tue, Oct 31, 2023
Markets are focusing on Governor Kazuo Ueda's post-meeting news conference for clues on how soon the bank could move towards a full-fledged exit from easy monetary policy.
Mon, Oct 30, 2023
Advanced economies are also anticipated to experience a decline, dropping from 2.6 per cent growth in 2022 to 1.5 per cent in 2023 and 1.4 per cent in 2024.
Thu, Oct 19, 2023
Smithfield and WH Group did not immediately respond to a Reuters request for comment.
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