Consumers paying 60% more than wholesale prices.
(##include msid=2459375,type=9 ##) NEW DELHI /MUMBAI: Consumers are currently paying as much as 60 per cent more than the wholesale price of essential commodities, which marks a threefold increase over the normal average difference between retail and mandi prices, a recent study has shown. Apart...

Wholesale onion prices fall.
PUNE: The suspension of onion exports seems to have had an immediate effect on its wholesale prices at least. Prices have dropped by a good Rs 40 for every 10 kg of onions. Onion prices had skyrocketed over the past two months, owing to the short supply...

Inflation hits 7%; indices drop 2%.
MUMBAI: Share prices dropped further after data showed India's annual inflation rose to a three year high at 7 per cent, two whole percentage points higher than the RBI's comfort level. The wholesale prices index for the week to March 22 increased more than the market estimate of 6.62...

Stocks off highs ahead of inflation.
MUMBAI: Equities were off initial highs, even as stocks in the rest of Asia continued to rally, as market participants awaited inflation data due around noon. India's wholesale prices index is expected to hold well above 7 per cent in mid-April, a poll showed. "The dollar has...

Vegetables will continue to cost a bomb.
Byline: Sandhya Nair MUMBAI: Your favourite vegetable will not come cheap in the near future. Though the arrival of fresh stock in August will bring down prices in the wholesale market, it may not lead to a significant drop in retail rates at the local markets. ...

Inflation indices hide real increase in food rates.
Byline: Mahendra Kumar Singh & Nitin Sethi NEW DELHI: One shouldn't be taken in by the indices government chooses to dish out expressing inflationary trends in the market. With food and metal prices being the major cause of inflation, composite indicators like wholesale and consumer price indices...

Left slams govt on price rise, finds support from Cong.
NEW DELHI: After CPM and Congress expressed their unhappiness over rising prices on Tuesday, a high-level inter-ministerial group chaired by external affairs minister Pranab Mukherjee took stock of the issue, especially of essential items. The wholesale prices-based inflation touched a nine-month high of 5.11% during the week...

Monetary steps to cool prices of little use this time: Experts.
Byline: Neelakshi Rana (##include msid=2459375,type=9 ##) NEW DELHI: There seems to be a near consensus among economists that containing inflation through monetary tightening would prove counterproductive. Unlike in February 2007 when RBI checked inflation by raising rates, they argue, this time inflation is largely led...

Cong wakes up to rising prices.
Byline: Aarthi Ramachandran NEW DELHI: With Assembly elections in Gujarat and Himachal Pradesh due in about two months, the Congress is getting ready to defend the UPA government on the issue of price rise in essential items. The Left and the BJP have sharpened their...

Inflation up to 7.57%; at 42-month high.
NEW DELHI: Inflation rose yet again - to a scorching 7.57% for the week ended April 19, registering a 42-month high. The last time inflation had touched a higher level was in November 2004, when it had reached 7.68%. Inflation, measured as change in the Wholesale Price Index (WPI)...