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India Weighs Lower Import Duties on Pulses to Curb Prices

By Uniquetimesorg October 1, 2026 0

India is considering reducing import duties on selected pulses to increase domestic supplies and contain food inflation, according to two government sources and an industry source. The move comes after an uneven monsoon raised concerns about domestic pulse production. Any reduction could initially cover red lentils and yellow peas, while chickpeas may remain subject to Continue Reading

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India Faces Driest Monsoon Since 2009 as Food Inflation Concerns Grow

By Uniquetimesorg September 18, 2026 0

India is on track for its weakest monsoon since 2009, with cumulative rainfall currently 15% below the long-term average, according to the India Meteorological Department. The growing rainfall deficit is raising concerns over crop yields, agricultural output and food prices. A possible tropical cyclone in the Bay of Bengal during the final week of September […]Continue Reading

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India Considers Lowering Vegetable Oil Import Taxes as Prices Rise

By Uniquetimesorg September 17, 2026 0

India is considering reducing import taxes on vegetable oils to control rising food prices as the peak festival season begins, according to government and industry sources cited by Reuters. Domestic vegetable oil prices have increased by nearly 20% over the past year, raising concerns about the impact on household budgets. India, the world’s largest vegetable […]Continue Reading

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Retail Inflation Rises to 4.82% in August as Food Prices Surge

By Uniquetimesorg September 14, 2026 0

India’s retail inflation rose to 4.82% in August 2026, up from 4.45% in July, driven largely by higher food prices, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). Rural inflation stood at 5.23%, while urban inflation was recorded at 4.31%, compared with 4.84% and 3.96%, respectively, in July. Food inflation […]Continue Reading

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Food Inflation May Hit Discretionary Spending

By Uniquetimesorg September 1, 2026 0

India’s government warned that rising food inflation could put pressure on household spending on non-food discretionary items, as a larger share of disposable income may be spent on essentials. The government’s monthly economic report said the outlook for food inflation and agricultural output remains uncertain. An intensifying El Niño, expected to peak later in 2026, […]Continue Reading

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India Tightens Sugar Stock Limits on Bulk Consumers to Tame Record Prices

By Uniquetimesorg August 20, 2026 0

To control soaring domestic sugar prices, India has imposed strict inventory limits on large-scale commercial users. Under a government order taking effect September 1 through November 30, bulk consumers using over 10 metric tons of sugar per month are prohibited from holding more than 15 days of inventory. This follows a previous measure capping dealer […]Continue Reading

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India Warns of Inflation Risks from Weak Monsoon and Rising Fuel Costs

By Uniquetimesorg May 30, 2026 0

India’s finance ministry has warned that retail inflation could accelerate in the coming months due to rising fuel prices and weaker-than-normal monsoon rains. The ministry said ongoing energy supply disruptions linked to the Middle East conflict, particularly uncertainties surrounding the Strait of Hormuz, remain a key risk to the country’s inflation outlook. The report Continue Reading