Price situation under control: Arun Jaitley

Last Updated: Monday, September 14, 2015, 21:45

Attributing rise in prices of certain food items to seasonal factors, Finance Minister Arun Jaitley Monday said inflation overall is moderating and the price situation is under control.

August WPI inflation dips to historic (-)4.95%, pressure on RBI to cut rate

Last Updated: Monday, September 14, 2015, 13:04

The Wholesale Price Index-based inflation was (-)4.05 percent in July. It has been in the negative zone since November 2014. In August 2014, inflation was 3.85 percent.

Contraction deepens: August WPI inflation falls to -4.95%

Last Updated: Monday, September 14, 2015, 12:16

The WPI inflation for the month of August stood at -4.95 percent for the month of August, 2015 (over August, 2014) as compared to -4.05 percent for the previous month and 3.85 percent during the corresponding month of the previous year, according to the data released by the government.

Cooling inflation to fuel calls for lower interest rates

Last Updated: Monday, September 14, 2015, 08:10

With price pressures at record lows, expectations are building that the RBI will lower borrowing costs by at least 25 basis points (bps) at its next policy review on September 29, after three cuts earlier this year.

Food production will be higher this year: FM Jaitley

Last Updated: Friday, September 11, 2015, 16:07

Buoyed by reports of 'reasonably good sowing', Finance Minister Arun Jaitley on Friday expressed confidence that the country's food production this year would be much more than last year's despite less than normal rainfall.

FSSAI asks manufacturers to maintain quality of milk products

Last Updated: Tuesday, September 8, 2015, 21:40

Food safety regulator FSSAI has decided to facilitate setting up of infrastructure facilities in metros so as to ensure quality of milk and its products ahead of the festive season.

Now, McDonald's to offer all-day breakfast

Last Updated: Thursday, September 3, 2015, 09:28

The company's US franchisees have voted to begin the service which will start from October 6.

FSSAI to frame norms for product approval in 6 months

Last Updated: Monday, August 31, 2015, 22:22

To streamline its product approval process, food safety watchdog FSSAI will frame a new set of regulations in next six months, after the earlier procedures had to be scrapped following court orders, including in the Maggi noodles case.

FSSAI to frame norms for product approval in 6 months

Last Updated: Monday, August 31, 2015, 16:02

After scrapping product approval process following court orders, including the Maggi case, food safety watchdog FSSAI has invited legal firms to help frame new norms for approvals.

Nestle accused of using slave-caught fish in cat food

Last Updated: Friday, August 28, 2015, 14:49

Swiss food giant Nestle is being sued in the US for allegedly knowingly allowing its Fancy Feast cat food to contain fish from a Thai supplier that uses slave labour.

Google testing new Maps app feature that detects food pictures

Last Updated: Tuesday, August 25, 2015, 13:20

Google has been testing a new Maps app feature that will detect when photos are taken at restaurants and other places that serve food and suggests attaching them to the establishment's location.

Onion prices to touch Rs 100 per kg soon?

Last Updated: Monday, August 24, 2015, 12:37

Despite the government increasing the minimum export price (MEP) and allowing imports to raise domestic supply, the onion prices are showing no sign of cooling off.