Food inflation rose 7.69% in FY21. One reason for high food prices has been the steep rise in minimum support prices for various key crops such as paddy, jowar and bajra over the last couple of years. An expansionary budget for pushing growth will increase food inflation further.
Capital spending by the government was lower by 15.4 % in April-September 2024 after increasing by 43.1% in April-September 2023
Mahanagar Gas shares rose 4% in intraday trade on the NSE on Friday, after the city gas distributor announced a ₹2 per kg price hike for compressed natural gas in Mumbai and nearby areas.
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
The U.S. government has acknowledged the allegations against Gautam Adani, reaffirms confidence in navigating the issue with India without straining ties
Capital spending by the government was lower by 15.4 % in April-September 2024 after increasing by 43.1% in April-September 2023
Mahanagar Gas shares rose 4% in intraday trade on the NSE on Friday, after the city gas distributor announced a ₹2 per kg price hike for compressed natural gas in Mumbai and nearby areas.
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
The U.S. government has acknowledged the allegations against Gautam Adani, reaffirms confidence in navigating the issue with India without straining ties
