Food Commodities

Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.

The wholesale food inflation, which is at a four-month high, will continue to be a cause for concern in May and June as heatwave is likely to jack up prices of perishable commodities, ICRA Chief Economist Aditi Nayar said on Tuesday.

People of Kolkata, especially the ones living in the New Town area, are likely to get various commodities such as medicines, groceries and food delivered to their doorsteps with the help of drones soon.

India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level.

Russia's weekend backtrack from a UN-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a globalfoodcrisis and sparking gains in prices.

Retail inflation likely eased in July due to a fall in food and fuel prices yet stayed well above the Reserve Bank of India's upper tolerance limit for a seventh consecutive month, a Reuters poll showed.

A fall in rice production, according to traders, might make India's fight against inflation more challenging

 The GST on pre-packed food items came into effect from July 18.

The prices from oil to atta and across essentials have soared because of supply-driven shortages, and the new GST rates on these commodities will add to the already-stretched household budgets.

Starting today, a 5 per cent GST (goods and services tax) rate will be levied on packed and labelled food items such as cereals, pulses and flour weighing up to 25 kg, a detailed frequently asked questions (FAQs) compilation by the Union Finance Ministry stated. Unbranded food items ranging from cereals, pulses to curd, 'lassi' and puffed rice will...

The recommendations on Goods and Services Tax rates that were made during the 47th GST Council meeting held in June come into effect today.

Single packages of unbranded pre-packed and labelled food items like cereals, pulses and flour weighing in excess of 25 kg are exempt from 5 per cent GST levy.

The Department of Food and Public Distribution has directed leading edible oil associations to ensure a reduction in the maximum retail price (MRP) of edible oils by Rs 15 (per litre) with immediate effect, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.

India, the world's biggest rice exporter, has ample stocks of rice and there is no plan to restrict exports, Food Secretary Sudhanshu Pandey has said

Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv's deputy foreign minister said on Sunday.

Find out how the Union Budget 2024 has changed the cost of common food items. Detailed insights into the price variations of pulses, oils, cereals, sugar, and vegetables since the budget announcement.

The wholesale food inflation, which is at a four-month high, will continue to be a cause for concern in May and June as heatwave is likely to jack up prices of perishable commodities, ICRA Chief Economist Aditi Nayar said on Tuesday.

People of Kolkata, especially the ones living in the New Town area, are likely to get various commodities such as medicines, groceries and food delivered to their doorsteps with the help of drones soon.

India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level.

Russia's weekend backtrack from a UN-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a globalfoodcrisis and sparking gains in prices.

Retail inflation likely eased in July due to a fall in food and fuel prices yet stayed well above the Reserve Bank of India's upper tolerance limit for a seventh consecutive month, a Reuters poll showed.

A fall in rice production, according to traders, might make India's fight against inflation more challenging

 The GST on pre-packed food items came into effect from July 18.

The prices from oil to atta and across essentials have soared because of supply-driven shortages, and the new GST rates on these commodities will add to the already-stretched household budgets.

Starting today, a 5 per cent GST (goods and services tax) rate will be levied on packed and labelled food items such as cereals, pulses and flour weighing up to 25 kg, a detailed frequently asked questions (FAQs) compilation by the Union Finance Ministry stated. Unbranded food items ranging from cereals, pulses to curd, 'lassi' and puffed rice will...

The recommendations on Goods and Services Tax rates that were made during the 47th GST Council meeting held in June come into effect today.

Single packages of unbranded pre-packed and labelled food items like cereals, pulses and flour weighing in excess of 25 kg are exempt from 5 per cent GST levy.

The Department of Food and Public Distribution has directed leading edible oil associations to ensure a reduction in the maximum retail price (MRP) of edible oils by Rs 15 (per litre) with immediate effect, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.

India, the world's biggest rice exporter, has ample stocks of rice and there is no plan to restrict exports, Food Secretary Sudhanshu Pandey has said

Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv's deputy foreign minister said on Sunday.