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New Delhi, Sep 12: The consumer price index-based (CPI) inflation, which stood under the Reserve Bank of India's (RBI) tolerance level of 2-6 per cent in August amid an unfavourable geo-political situation, will maintain price stability, industry experts said on Friday. PHDCCI Highlights Food Price Impact CPI inflation stood at 2.07 per cent for the month despite unfavourable geopolitical situations. "Year-on-year CPI inflation for August stood within RBI's tolerance limit, despite internation ...Read More >
Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. New Delhi, Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. The Wholesale Price Index (WPI) is estimated to have fallen to -0.45 per cent year-on-year in July, down from -0.13 per cent in June. This is ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) India's annual rate of inflation based on the Wholesale Price Index (WPI) fell further in the negative zone to a two-year low of (-) 0.58 in July this year, compared to the same month of the previous year -- primarily due to a decrease in the prices of food articles and fuels such as petrol, diesel and natural gas, according to data released by the Commerce and Industry Ministry on Thursday. The WPI inflation for July is also lower than the -0.13 per cent that ...Read More >
New Delhi: India's trade resilience remains strong despite the 25% tariff imposed by US President Donald Trump on Indian goods, with the country's broader export base and strong domestic fundamentals helping buffer the shock, industry body PHD Chamber of Commerce and Industry (PHDCCI) said. A white paper released by the industry body estimates that while the tariff will affect around $8.1 billion worth of exports to the US, the overall impact on India's economy is expected to be limited, with a ...Read More >
NEW DELHI, July 19: India's leadership in developing a group standard for whole millet grains was appreciated during the 88th Session of the Executive Committee of the Codex Alimentarius Commission (CCEXEC88), held at the FAO Headquarters in Rome, Italy from July 14-18, it was announced on Saturday. The Committee reviewed the progress of this work, which is being chaired by India with Mali, Nigeria, and Senegal as co-chairs, said Health Ministry in a statement. The terms of reference for the s ...Read More >
New Delhi [India] July 19 (ANI): India's initiative in developing a group standard for whole millet grains recieved global recognition during the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88) held at the FAO Headquarters in Rome from 14-18 July 2025. The milestone was approved at the 47th session of the Codex Alimentarius Commission (CAC47) in 2024 and was reviewed during the CCEXEC88. The work was chaired by India in collaboration with Mali, Nigeria, and Sene ...Read More >
New Delhi, Jul 19 (PTI) India's leadership in developing international standards for whole millet grains received recognition at a key global food safety meeting in Rome this week, as the country continues to expand its influence in setting worldwide food regulations, an official release said on Saturday. The 88th Session of the Executive Committee of the Codex Alimentarius Commission (CCEXEC88), held at FAO headquarters from July 14-18, reviewed progress on India's millet standards work, which ...Read More >
New Delhi, July 19 (UNI) India's leadership in developing a group standard for whole millet grains was acknowledged at a session of the Codex Alimentarius Commission (CCEXEC88), held at the Food and Agriculture Organization (FAO) headquarters in Rome from July 14 to 18. According to a statement from the Union Health Ministry here, the appreciation came at the 88th session of the Executive Committee of the CCEXEC88. India is chairing the work on millet standards, with Mali, Nigeria, and Senegal ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025 ...Read More >
The 88th session of the Codex Executive Committee, held in Rome 14-18 July, has concluded with the adoption of the report, following three days of wide-ranging discussions. The Committee agreed to recommend the next session of the Codex Alimentarius Commission the adoption of a number of texts, including the standard for fresh dates, a landmark text that many countries are eagerly anticipating. With the critical review ensuring that proposals for new work and draft standards submitted to the C ...Read More >
New Delhi [India] July 19 (ANI): India's initiative in developing a group standard for whole millet grains recieved global recognition during the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88) held at the FAO Headquarters in Rome from 14-18 July 2025. The milestone was approved at the 47th session of the Codex Alimentarius Commission (CAC47) in 2024 and was reviewed during the CCEXEC88. The work was chaired by India in collaboration with Mali, Nigeria, and Sene ...Read More >
New Delhi [India] July 19 (ANI): India initiative in developing a group standard for whole millet grains recieved global recognition during the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88) held at the FAO Headquarters in Rome from 14-18 July 2025. The milestone was approved at the 47th session of the Codex Alimentarius Commission (CAC47) in 2024 and was reviewed during the CCEXEC88. The work was chaired by India in collaboration with Mali, Nigeria, and Senega ...Read More >
The Reserve Bank of India (RBI) may find space to ease policy rates in the near term, as urban consumption remains soft and external demand conditions stay uncertain, according to a report by ICICI Bank. With the central bank maintaining a neutral stance and data-dependent approach, prevailing economic indicators could justify a 25 basis point rate cut as early as August. "Monetary policy is forward looking and next year inflation prints are likely to move higher on the back of a low base, but ...Read More >
New Delhi: Claiming that "numbers speak louder than noise", BJP leader Amit Malviya on Friday ridiculed Congress leader Jairam Ramesh for spreading "lies" and "negativity" about the economy, and dished out data on record-breaking growth since 2014. The BJP's information technology cell chief wrote on X, "Another day, another desperate attempt by Jairam Ramesh and the Congress to spread falsehoods about India's economy." "While they wallow in manufactured gloom, the facts tell a different story ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The Reserve Bank of India (RBI) will deliver a final 25 basis point rate cut in the December monetary policy committee (MPC) meeting, taking the repo rate to 5.25 per cent by the end of 2025, a report said on Tuesday. Considering the ease in inflation in recent months, the RBI may leave the repo rate unchanged in the next two MPCs. "We forecast a pause in the August and October meetings. However, we believe the RBI will deliver a final 25bp rate cut in the D ...Read More >
New Delhi: Cooling prices offered a double dose of relief in June, with both retail and wholesale inflation easing sharply, signalling a broad-based tempering of cost pressures across the economy. Retail price inflation measured by the Consumer Price Index (CPI) came in at 2.1% in June, its slowest pace since January 2019, while wholesale price index-based inflation fell to a 21-month low in June, at -0.13%, marking the first negative reading since October 2023, according to provisional governm ...Read More >
New Delhi: In a major relief to the common man, headline retail inflation dipped to a more than six-year low of 2.1 per cent in June, mainly due to subdued prices of food items such as vegetables, pulses, meat, and milk among others. At the same time, wholesale price inflation (WPI) also stayed in a negative zone after a gap of 19 months, declining 0.13 per cent in June due to cheaper prices in food articles and fuel, and with softening in manufactured product costs, two separate government data ...Read More >
New Delhi, Jul 14 (PTI) Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon. The Consumer Price Index-based inflation was 2.82 per cent in May and 5.08 per cent in June 2024. Inflation is on a decline since November 2024. Year-on-year inflation rate based on CPI for the month of June 2025 over June 2024 is 2.1 per cent, the National Statistics Offic ...Read More >
New Delhi [India], July 14 (ANI): Continuing its downward trend, retail inflation in India hit a new over six-year low in June, in further respite to common people. According to the statistics ministry, the year-on-year inflation rate based on Consumer Price Index (CPI) for June was 2.10 per cent (provisional), a decline of 72 basis points in headline inflation from May 2025. It is the lowest year-on-year inflation since January 2019. Notably, the year-on-year inflation rate based on All India C ...Read More >
New Delhi [India], July 14 (ANI): Continuing its downward trend, retail inflation in India hit a new over six-year low in June, in further respite to common people. According to the statistics ministry, the year-on-year inflation rate based on Consumer Price Index (CPI) for June was 2.10 per cent (provisional), a decline of 72 basis points in headline inflation from May 2025. It is the lowest year-on-year inflation since January 2019. Notably, the year-on-year inflation rate based on All India ...Read More >
July 14 (Reuters) - India's annual retail inflation (INCPIY=ECI), opens new tab slowed to a more than six-year low of 2.10% in June, near the lower range of the central bank's tolerance band, as food prices continued to ease, making a case for further interest rate cuts. Inflation was lower than the 2.5% estimated by economists in a Reuters poll. Retail inflation was at 2.82% in May. COMMENTARY: GAURA SEN GUPTA, CHIEF ECONOMIST, IDFC FIRST BANK, MUMBAI "The moderation in inflation is led by ...Read More >
New Delhi [India], July 13 (ANI): With food prices lagging seasonal trends and driving headline Consumer Price Index-based retail inflation below 4 per cent since February 2025, Union Bank of India has revised downwards its 2025-26 headline inflation forecast from 4 per cent to 3.6 per cent (largely aligned with the RBI' forecast of 3.7 per cent). The June retail inflation data is due early next week. In a report, the bank said June 2025 retail inflation will be at 2.3 per cent, with the worst ...Read More >
Gandhinagar: In households in Gujarat's cities, cereals may take up less space in the grocery bill, but they still dominate the dinner plate. A new Union govt report shows that cereals, while accounting for just 3.8% of household spending, supply 35% of total calorie intake in cities. In villages, their role is even more dominant, making up 43% of calorie consumption while accounting for 4.5% of total spending.Cereals also account for a major portion of protein intake for people in Gujarat.These ...Read More >
Hyderabad: While rice remains a staple comfort food across Telangana, its dominance in daily meals is raising serious health concerns. According to the 'Nutritional Intake in India' report by the Union Ministry of Statistics and Programme Implementation, Telangana recorded the highest urban per capita calorie intake in the country for 2023-24, averaging 2,455 calories per day. The spike in caloric intake is primarily driven by a rice-heavy diet. More than 43% of daily calories in urban Telanga ...Read More >
New Delhi: Prime Minister Narendra Modi embarked on a five-nation tour on Wednesday that will take him to Ghana, Trinidad and Tobago, Argentina, Brazil, and Namibia. Coming at a time of growing geopolitical flux and strategic competition for critical resources, the visit underscores New Delhi's twin goals - deepening South-South cooperation and securing access to rare earth minerals crucial for India's green and technological future. Modi will be in Ghana on July 2-3, Trinidad and Tobago on Ju ...Read More >
New Delhi, Jul 2 (PTI) Intake of cereals and pulses came down in both rural and urban areas, while consumption of milk and its products showed an increase in 2023-24, according to a government report. The Household Consumption Expenditure Surveys (HCES) conducted during August 2022 - July 2023 and August 2023 - July 2024 showed that the consumption of egg, fish and meat has gone up in rural areas, though it remained the same in urban areas. The study showed the proportion of cereals in the con ...Read More >
New Delhi, July 1 (SocialNews.XYZ) Prime Minister Narendra Modi on Tuesday said that eight years have passed since GST was introduced, and it stands out as a landmark reform that has reshaped India's economic landscape. "By reducing the compliance burden, it has greatly improved the Ease of Doing Business, particularly for small and medium enterprises", PM Modi stated. "GST has also served as a powerful engine for economic growth, while fostering true cooperative federalism by making states eq ...Read More >
New Delhi [India], June 30 (ANI): Industrial production activity in India moderated month-on-month with the Index of Industrial Production (IIP) growing 1.2 per cent in May, against 2.7 per cent recorded in April, according to the Ministry of Statistics and Programme Implementation data. In May, the growth rates of the three sectors, Mining, Manufacturing and Electricity the were (-) 0.1 per cent, 2.6 per cent, and (-) 5.8 per cent, respectively. Also Read | 'I Stand Firmly With Diljit': Actor ...Read More >
New Delhi: The house-listing operations for the forthcoming census will begin from Apr. 1, 2026, marking the start of the first phase of the decennial exercise, the Registrar General of India has said. In a letter to Chief Secretaries of States and Union Territories, Census Commissioner and Registrar General of India Mrityunjay Kumar Narayan said the House-listing Operations and Housing Census shall begin on Apr. 1, 2026. Before that the appointment of supervisors, enumerators and work distrib ...Read More >
NEW DELHI: Monsoon covered the entire country on Sunday, nine days before the normal date, advancing into the remaining parts of Delhi-NCR, Rajasthan, west UP and Haryana, IMD said.This is only the fourth time in the past 25 years that monsoon covered NCR and remaining parts of northwest India the same day. The last time this happened was on July 13 in 2021, whereas the earliest date on which such an event took place was June 16 in 2013 -- the day Kedarnath witnessed a major disaster due to clou ...Read More >
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