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Analysts warn that India faces the risk of a below-normal monsoon, which could squeeze farm output and lift food prices. With food comprising a large share of India's inflation basket, a weak season may limit RBI's room to cut rates and drag on rural consumption and growth.
Commercial LPG cylinder prices in India have jumped by Rs 933, squeezing small food businesses that have no subsidy protection. Household LPG prices remain shielded, but the cost may flow through to consumers via higher meal prices at small eateries and street stalls.
Thai white rice prices surged 10 percent to US$423 per tonne in the week ended April 8, driven by supply fears linked to Iran war fallout. The move raises food cost pressures across import-dependent Asian economies where rice is a primary staple.
India's IMD has forecast 92% of long-period average rainfall for the 2026 monsoon, categorizing the outlook as below normal, with weak La Niña conditions expected to transition into El Niño. The shift raises risk for kharif crop production and rural demand, with potential upward pressure on food inflation.
Tag
Analysts warn that India faces the risk of a below-normal monsoon, which could squeeze farm output and lift food prices. With food comprising a large share of India's inflation basket, a weak season may limit RBI's room to cut rates and drag on rural consumption and growth.
1mo ago · 2 min · Economy
Commercial LPG cylinder prices in India have jumped by Rs 933, squeezing small food businesses that have no subsidy protection. Household LPG prices remain shielded, but the cost may flow through to consumers via higher meal prices at small eateries and street stalls.
2mo ago · 1 min · Economy
Thai white rice prices surged 10 percent to US$423 per tonne in the week ended April 8, driven by supply fears linked to Iran war fallout. The move raises food cost pressures across import-dependent Asian economies where rice is a primary staple.
2mo ago · 1 min · Global Affairs
India's IMD has forecast 92% of long-period average rainfall for the 2026 monsoon, categorizing the outlook as below normal, with weak La Niña conditions expected to transition into El Niño. The shift raises risk for kharif crop production and rural demand, with potential upward pressure on food inflation.
2mo ago · 1 min · Economy
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