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OIL AND FATS INFLATION
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: ReportInflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ...
Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...
Amul, Mother Dairy hike milk prices by ₹2 per litre; new rates effective May 14Leading dairy brands Amul and Mother Dairy will raise milk prices by ₹2 per litre starting May 14. This price adjustment affects various mi...
Pure ghee or not? TTD procures over 70 lakh kg without mandatory quality testsA commission revealed the Tirumala Tirupati Devasthanams procured millions of kilograms of ghee without required quality checks. This syste...
AWL Agri Business bets on packaged foods to protect margins from volatile oilsAWL Agri Business is shifting focus to packaged foods. This move aims to reduce dependence on the unpredictable edible oil market. The comp...
Retail inflation expected to decline on high base and GST reform impact in October: ReportIndia's retail inflation is projected to fall further by October 2025, driven by a high base effect and delayed food price seasonality. Uni...
Weather-hit veggies and fruit put food inflation on the boil in FY25Soaring fruit and vegetable prices significantly impacted household grocery bills in FY25, driving food inflation due to extreme weather di...
Wholesale inflation up a tad in FebIndia's wholesale inflation increased slightly to 2.4% in February, up from 2.3% in January, as the fall in food prices was offset by highe...
Food inflation easing could be a temporary relief; inflation remains key risk for any economy: Devendra PantIndia's food inflation is easing. However, increasing oil and fat prices may cause future problems. The RBI may not cut rates in February. ...
High prices of imported crude, gold, and chemicals contributed to high inflation: SBI reportIndia's imported inflation reached a 13-month high in September 2024, increasing by 2%. Key contributors include rising prices of gold, oil...
Steps to check prices will be felt more significantly in coming months: FinMinThis is the second time since the RBI implemented the inflation targeting approach that retail inflation has exceeded the upper tolerance l...
Relief to consumers: Branded edible oil makers slash prices by up to Rs 15 a litreThe drop in prices has prompted distributors to stock up as demand is expected to pick up. The fall in edible oil prices will also have an ...
Centre's tax moves help ease prices of steel, edible oilSteel prices dropped as the government cools prices of vital products and some industrial commodities. The measures have also resulted in a...
Rural food price inflation doubles in a yearConsumer food price inflation in India has nearly doubled in India since March 2021, data released by the National Statistical Office on Tu...
Lower import duty likely on edible oilsThe government is considering reducing the effective import duty, which includes cess and other charges, on crude palm, soya and sunflower ...
Slash fuel prices, GST rates to reduce inflation, says Congress leader P ChidambaramAddressing the media at the AICC on Tuesday, former finance minister P Chidambaram said his party and other opposition parties would raise ...
Edible oil industry demands restoration of the import duty on palm oil by March to prevent slide in mustard pricesEdible oil prices have been rising since May despite the pandemic-led demand destruction due to global factors and shortage of domestic mus...
- Food Inflation: Fat's in the fire as edible oil prices rise 10%
Edible oil prices soared almost 10%-Rs 6 to 8 per kg-in the last one month.
Retail inflation at 8.83 per cent in FebruaryRetail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products.
- Global prices keep local foods hot
The bad news is that India will continue to be rocked by food inflation imported from abroad, as domestic production of carbs, fats and pro...