TOMATO PRICES
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: Report
Inflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ICICI Bank Global Markets anticipates policy rate hikes of 50-75 basis points. Food inflation is accelerating, with vegetables seeing a significant jump. Core inflation is also firming up. Energy prices are rising with global crude.
What is El Niño and how does it affect India? Could it bring a drought-like monsoon and higher grocery bills?
El Niño conditions are now active in the equatorial Pacific Ocean, raising concerns for India's monsoon. Warmer Pacific waters disrupt weather patterns, potentially leading to weaker rains, hotter temperatures, and agricultural stress. This could impact crop production, water availability, and ultimately, food prices, affecting household budgets across the nation.
Why your summer tomatoes cost so much
Tomato prices have surged due to severe weather in Florida and Mexico. Consumers face higher costs for this summer staple.
Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks
India's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, risks from food and fuel prices could change this outlook later in the year. The central bank will closely watch economic data before making any decisions on interest rates.
Retail inflation edges up to 3.9% in May
Economists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and cooking fuel costs amid continued supply disruptions due to the West Asia conflict.
India's retail inflation quickens to 3.93% in May amid high food & fuel prices
India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation reading under the new CPI series. Despite the rise, inflation stays below the Reserve Bank of India's 4% target for the 16th month. Policymakers have room to support growth.
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Vegetable prices skyrocketed during Modi Govt's tenure: Telanagana CM Revanth Reddy
Telangana Chief Minister Revanth Reddy inaugurated a new fruit market and sub-registrar office complex. He criticized the central government for project delays and the BRS party for hindering development. Reddy vowed to fight for pending approvals and central funds. The government aims to boost agriculture and establish a 'Bharat Future City' to address pollution concerns.
Thali costs climb in May: Crisil report
Home-cooked vegetarian and non-vegetarian thalis saw a 5% and 7% price increase in May, respectively, due to rising costs of tomatoes, vegetable oils, and LPG. Tomato prices surged 57% year-on-year, with further increases expected due to production declines and heat-related concerns. Potato and onion prices are also anticipated to rise, while pulses are expected to remain stable.
A giant lake vanished for 130 years, then returned and flooded 120,000 acres overnight
A massive lake in California, Tulare Lake, vanished over a century ago. Recent extreme storms brought it back, submerging farmland. This event underscores how climate change overwhelms existing water systems. Indigenous tribes, who knew the lake as Pa'ashi, celebrated its return. The reappearance signals a shift in California's climate and its water management challenges.
Tantrum of a problem child might cool India's economic engine
The IMD has retained its forecast for a below-normal monsoon in 2026, with El Nino expected to dominate the June-September season and rainfall likely at 90% of the long-term average. An HDFC report warns this could hurt farm output, raise food inflation and weaken rural consumption.
National Burger Day 2026: Which restaurants have the best deals and freebies? Here's all you need to know
National Burger Day 2026 brings exciting deals and freebies from popular eateries. Burger King, Shake Shack, and Dairy Queen are among those offering special promotions. Customers can enjoy buy-one-get-one offers, discounts, and even chances to win prizes. These limited-time offers are available across various locations, making it a delicious celebration for burger lovers.
Consumers unlikely to see major impact on food prices over next 2-3 months: Consumer Affairs Secy
The government is closely monitoring the prices of essential food commodities. At present, prices have remained stable and largely range-bound, says Consumer Affairs Secretary Nidhi Khare.
Fuel shock to hit Delhi plates; veggies, fruits may get costlier
Fuel price hikes could soon push up fruit and vegetable costs in Delhi. Traders at Azadpur mandi anticipate higher transport expenses. This increase in logistics costs will likely be passed on to consumers. Retail prices may see a slight rise in the coming days if fuel prices continue their upward trend.
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Report
India's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil prices and geopolitical tensions impacted fuel costs. Metal prices also climbed significantly. Food inflation eased but may rise later. This marks the highest WPI since October 2022.
Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlier
Petrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple effect could slowly hit everyday expenses — from vegetables and milk to Blinkit deliveries, cab rides, and even flight tickets. Since fuel powers transport across India, higher diesel and petrol prices often trigger a chain reaction across household budgets.
India's retail inflation edges up to 3.48% in April as food prices firm up
India's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the overall inflation rate remains comfortably below the Reserve Bank of India's target of 4 percent. Food inflation itself climbed to 4.20 percent. Personal care and miscellaneous goods experienced the highest inflation.
Iran war, fading tax boost may slow India’s growth to 6.7% in FY27: BMI
India's economic growth is set to slow in the upcoming fiscal year. This slowdown is attributed to the diminishing impact of recent tax cuts and escalating crude oil prices. These factors will affect consumption, investment, and inflation. The economy faces pressure from weakening momentum and an oil shock linked to the Iran conflict. A weaker monsoon also poses a risk.
The barista is human but an AI agent runs this experimental Swedish cafe
An experimental cafe in Stockholm is being run by an AI agent named Mona, overseeing operations from hiring to inventory. While customers find the concept amusing, the AI is struggling financially and making questionable inventory orders, highlighting potential ethical and practical challenges of autonomous AI management.
Thali costs rise in April on higher tomato, vegetable oil, LPG prices
Home-cooked vegetarian and non-vegetarian thali costs rose 2% year-on-year in April, primarily due to increased prices of tomatoes, vegetable oil, and LPG. While onion and potato prices fell, contributing to a partial offset, broiler prices also saw a 2% increase for non-veg thalis.
From 'pure milk' to Scotch: Bihar’s secret language of liquor
Bihar's decade-old alcohol ban has not stopped drinking. Instead, it has fueled a secret delivery system. Coded words like 'pure milk' and 'sonapapdi' are used for alcohol. Young couriers deliver liquor discreetly. This underground trade is estimated to be worth thousands of crores. Enforcement faces challenges as smuggling methods become more creative.
Grocery Price chaos: What’s getting expensive and the surprising items now costing less
Over the past two years, Consumer Price Index data shows that grocery prices have fluctuated unevenly across different categories.The latest data points to a mixed trend in food prices, with notable increases in key categories such as proteins and beverages.
Non-vegetarian thali cost drops 1% in March; Vegetarian thali prices remain stable: Crisil Report
The cost of a home-cooked non-vegetarian thali fell 1% year-on-year in March 2026, while vegetarian meal costs remained unchanged, as cheaper onions, potatoes and pulses offset higher prices of tomatoes, edible oil and fuel, according to Crisil.
Vegetable prices crash up to 80% since January, deepening farm distress
Vegetable prices have fallen sharply since January. Potatoes are down 40 percent, onions 50 percent, and tomatoes up to 80 percent. This is due to a supply glut and peak harvest arrivals. Staples like wheat and rice have also eased. Farmers face distress as prices are below cost. Consumers are getting relief from inflationary pressures.
Tomato prices soar 50% in 15 days due to excess October rains
Tomato prices have risen sharply across the country as supplies dropped following heavy October rainfall. Government data shows retail prices have increased 25% to 100% in a month across states, with the all-India average up 27% to ₹46 per kg. Chandigarh recorded the steepest rise at 112%, while Andhra Pradesh, Himachal Pradesh and Karnataka also saw increases above 40%.
Tomato prices hit Rs 100 again: Here's why prices have skyrocketed in just a week
Tomato prices have surged to Rs100-120 per kg in Nagpur due to unseasonal rains and a virus attack in Nashik, reducing supply. Farmers cite reduced tomato cultivation area and crop damage. However, some are profiting from the high prices. The situation is expected to stabilize in a month with fresh supply from Western Nashik.
Tomato prices to normalize in 7-10 days, says Consumer Affairs minister Pralhad Joshi
Union Minister of Consumer Affairs, Pralhad Joshi, announced a market intervention by the National Cooperative Consumers' Federation of India to lower tomato prices in Delhi. The initiative involves procuring tomatoes at wholesale prices to sell at reasonable rates, aiming to stabilize retail prices. Joshi stated that prices are expected to decrease over the next week, with tomatoes being sold at Rs 60 per kg in various locations to ease financial burdens on consumers.
Tomato prices plummet from Rs 300 to Rs 14 per kilo within weeks; Analysts warn further dip to Rs 5
Tomato prices in India have taken a sharp downward turn after reaching a peak of nearly Rs 300 per kg. Prices dropped to as low as Rs 14 per kg in the Mysuru APMC market, while in Bengaluru, prices ranged from Rs 30 to Rs 35 per kg. The decline is attributed to a slump in demand, with tomatoes being imported from Nepal.
Tomato prices in Delhi-NCR won't come down till September, to cross Rs 200 per kilo mark soon
Tomato prices in Delhi are set to hit an all-time high due to a producer state shortage. The price surge began in June, blamed on reduced production and crop losses caused by heavy rains in some states. The central government has subsidised tomatoes and initiated sales at around 500 centres for Rs 90 per kg, which was later reduced to Rs 80.
Worried about high tomato prices? Traders warn prices won't come down for next two months
Tomato prices may not decrease below Rs 100 per kg for two months. Tomato prices have soared from Rs 40 per kg to Rs 200 per kg in recent weeks, with further increases expected, potentially to Rs 300 per kg due to heavy rain in some growing regions. With sowing difficult in current tough conditions, prices may not stabilise for an extended period.
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