food inflation

MUMBAI: With credit growth continuing to race ahead much faster than deposits, the Reserve Bank of India is expected to hike rates by 25 basis points this week, its last hike for the current economic cycle. The central bank would also need…

NEW DE:HI: India’s economic transformation is kicking into high gear.Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. The government is spending nearly 20% of its budget this…

NEW DELHI: Samsung expects nearly 75% of its India smartphone sales to come from 5G devices, as demand for sophisticated devices will increase, following expansion of high-speed telecom network across the country.The company, which competes…

WELLINGTON: Education Minister Chris Hipkins is set to become New Zealand's next prime minister after he was the only candidate to enter the contest Saturday to replace Jacinda Ardern.Hipkins, 44, must still garner an endorsement Sunday…

NEW DELHI: India’s exports may reach around $440-450 billion during the current financial year, as against earlier projections of $470-480 billion, in the wake of the global slowdown and fall in commodity prices, government officials…

MUMBAI: Hindustan Unilever (HUL) posted a standalone net profit of Rs 2,505 crore in the third quarter ended December 31, 2022, a 12% increase over Rs 2,243 crore in the corresponding quarter of the previous year. In the backdrop of a…

Jim Dandy reads the grocery store flyers every week. It’s a habit the 79-year-old retiree picked up in childhood and continued while raising three children during law school.“I learned the importance of saving five cents, and that has…

MUMBAI: Japanese sportswear company Asics has reported that India saw the highest growth globally in 2022, bolstered by the post-pandemic ‘running and fitness boom’, and an increasing trend of people sporting sneakers. Asics aims to source…

MUMBAI: Importers in India last week took advantage of the rupee's recovery against the dollar to hedge their future foreign currency obligations, data showed.Average dollar purchases by importers, beyond the spot date, rose to $1.64…

NEW DELHI: Wholesale price inflation slowed to a near 2-year low in December on the back of moderating food, mineral oils and crude petroleum prices, adding to the relief provided by easing retail inflation numbers.Data released by the…