Tag: food
The Reserve Bank of India (RBI) has the critical task of maintaining price stability while fostering economic growth. In recent years, there has been debate on whether the RBI should focus exclusively on core inflation, which excludes volatile components like food and energy prices. While this approach might seem...
The most stringent monetary policy in decades has failed to curb food prices. In 2023-24, the consumer food price index (CFPI) surged by 7.5%, and by the June quarter of 2024, the pace of increase had risen to 8.9%. The reason is simple: food prices are typically driven by...
The latest changes relating to GST recommended in the 47th GST council meeting, came into effect from 18th of July.
The Central Board of Indirect Taxes and Customs issued a set of FAQs on Sunday night, just before when new GST rates will be applicable to specified products. This move...
