Spiralling Food Prices

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  RBI May Be Forced To Hike Rates Sooner As March Inflation Spikes To 6.95%

  The Reserve Bank of India may be forced to act faster on policy tightening after data showed retail inflation spiked sharply to nearly 7 per cent in March, and the fallout of the Ukraine war pushing energy rates higher was expected to add to the already spiralling price pressures.

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  Inflation Likely Sped Up To A 16-Month High In March On Spiraling Food Costs: Report

  Retail inflation likely sped up to a 16-month high of 6.35 per cent in March, well above the Reserve Bank of India's upper tolerance band for a third straight month, in part due to a sustained rise in food prices, a Reuters poll found.

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  "Have To Eat Half": Sri Lankans Feel Pain Of Spiralling Economic Crisis

  Across Sri Lanka, families like Hadaragama's are feeling the growing pain of the country's worst economic crisis in years, which has driven up prices of essentials and triggered shortages of everything from food to fuel.

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  Government Cuts Import Duties on Edible Oils To Rein In Prices

  To curb spiralling edible oil prices and facilitate their availability during the festive season, government has scrapped basic customs duty on them

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  Kolkata Restaurants See Dip In Profits As Onion Prices Soar

  The spiralling prices of onions have partially affected restaurant business in Kolkata, with owners apprehensive that customers might skip eating out during Christmas and New Year festivities, if they hike the rate of food items.

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  Government Feels the 'Pulse', Takes Measure To Check Soaring Prices

  In a desperate bid to bring down the spiraling prices of pulses, the government today ended all exemptions on stock limits of pulses for exporters, food processors and large retailers, departmental stores with multiple outlets.

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  Centre Blames Delhi Government for Not Acting Against Onion Hoarders

  With onion prices rising up to Rs 80 per kg in the national capital, Union Food and Consumer Affairs Minister Ram Vilas Paswan today blamed the Delhi government for not taking adequate action against hoarders for spiraling the prices.

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  Robbers Eye Pricey Onion, Thefts in Mumbai and Nasik

  Amidst spiralling prices of onion, about 700 kg stock of the key kitchen staple worth Rs 50,000 was allegedly stolen from a shop in suburban Mumbai, informed the police.

• Ebola Escalation Could Trigger Major Food Crisis

  The global famine warning system is predicting a major food crisis if the Ebola outbreak continues to grow exponentially over the coming months, and the United Nations still hasn't reached over 750,000 people in need of food in West Africa as prices spiral and farms are abandoned.

• Why Public Toilets in London Are Turning Into Cafes

  With spiralling land prices turning even the darkest corners of London into potential goldmines, the city's forgotten spaces, including 19th-century public toilets, are blossoming into restaurants, cafes and boutiques. Many Victorian urinals remained...

• Don't Panic, No Shortages of Food Items: Finance Minister After Price Rise Meet

  The NDA government, which has been confronted with the spectre of spiralling prices of food items soon after its advent to power at the Centre, today sought to allay fears of any shortages, and said there were enough stocks to deal with any situation.

• 'Hoarders Taking Advantage of Poor Monsoon Forecast', says Finance Minister Arun Jaitley

  The NDA government, which has been confronted with the spectre of spiralling prices of food items soon after its advent to power at the Centre, today once again sought the cooperation of the states in battling a problem which, it said, had been an annual fixture at this time of the year.

• Centre To Meet State Food Ministers Today To Tackle Rising Prices

  In a bid to contain spiralling prices of some essential food items, the Centre has called a meeting of all state food ministers today to discuss strategies to jointly combat the crisis. Late monsoon has pushed up the cost of vegetables and dairy products.

• Rajasthan Records Bumper Onion Production, But Why are Consumers Still Crying?

  Rajasthan faces a unique conundrum: a bumper output of onion crop coupled with spiraling prices of the essential food item.

• Price Rise: Government Cracks Down on Hoarders, Will Sell Onions at Wholesale Rates

  With onion prices soaring in Delhi, the food and supplies department on Tuesday cracked down on hoarders and black marketers, in an effort to control the spiraling prices. Over 50 teams from the department conducted raids at 500 places and slapped cases against the alleged hoarders under the Essential Commodities Act.