inflation Archives - Page 6 of 7

India may reduce wheat import duty India may reduce wheat import duty

NEW DELHI, INDIA — Amid dwindling supplies, India is contemplating reducing wheat import duties to curb inflation. Despite an estimated record wheat...

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Wheat News in English

Grain Market Update: Are Wheat, Soybean, and Corn Prices Gearing Up to Rebound?

Michelle Rook and Darin Newsom discussed the current trends in agricultural markets on Markets Now. Corn showed stability amid favorable weather forecasts,...

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Wheat News in English

No plan to cut import duty on wheat: Govt

The government maintains current wheat import duties, citing ample 30.23 MT FCI stock surpassing the 27.58 MT buffer. Despite concerns over prices,...

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Edible Oil News in English

Tackling sticky food inflation, reining in PDS costs top food minister’s agenda

As Pralhad Joshi assumes office as the new Food Minister, he faces the challenge of curbing food inflation, which hit 8.7% in...

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Edible Oil News in English

Palm opens lower on weaker crude oil prices, rival oils

KUALA LUMPUR, May 30 (Reuters) - Malaysian palm oil futures fell on Thursday, with the benchmark palm oil contract FCPOc3 for August...

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Edible Oil News in English

Edible oil manufacturers warn of steep price hikes over proposed tax increase

Kenyans brace for tough times ahead as MPs consider a 25% increase in excise duty, potentially causing a surge in basic commodity...

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Rice News in English

DA: Lower tariffs to slash rice prices by P5

The Philippine government considers further reducing rice tariffs to 15-20%, aiming to slash retail prices by P4-5 per kilo. Finance officials anticipate...

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Rice News in English

Rice tariff reduction cost less than P10B

Senior Finance department officials propose lowering rice tariffs to curb inflation and reduce rice prices. Estimated revenue loss: less than P10 billion....