NEW DELHI: India’s annual retail inflation in February elevated at a quicker tempo than anticipated, primarily because of greater meals costs, as per authorities knowledge launched on Tuesday. Though there was a slight easing, with annual retail inflation coming down to five.09% in February from 5.10% in January, it remained…
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India’s rice manufacturing set to drop for the primary time in 8 years | India Enterprise Information
Rice manufacturing: India is bracing for a dip in rice manufacturing for the primary time in eight years, in accordance with the latest authorities assertion launched on Thursday. The anticipated decline is being attributed to below-average rainfall in the course of the 2023/24 season. Nonetheless, wheat manufacturing is anticipated to…
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Coverage panel cautious of meals costs
MUMBAI: Members of RBI’s financial coverage committee had been optimistic about progress of their assembly this month, however involved about meals costs spiking. The minutes of the MPC assembly held from Feb 6-8 and launched on Wednesday present members’ much less hawkish stance on stifling demand but in addition that…