Today news
About the same in other media
Exceptionally hot summer & low reservoir levels to likely impact vegetables, fruit crop: RBI
Reading now: 402
low reservoir levels.
This issue is likely to impact the central bank's fight against inflation, which it says has been interrupted by volatile and elevated food prices.
«The exceptionally hot summer season and low reservoir levels may put stress on the summer crop of vegetables and fruits. The rabi arrivals of pulses and vegetables need to be carefully monitored,» RBI Governor Shaktikanta Das said in the June edition of its Bulletin.
While retail inflation in India softened further in the March-April period, persisting food inflation pressures offset the gains of disinflation in core and deflation in the fuel groups, Das said.
(You can now subscribe to our Economic Times WhatsApp channel)
Read more on economictimes.indiatimes.com
About this in other media
Thanks a bullion, RBI will take it from here; overseas gold reserves at 6-yr low economictimes.indiatimes.com /6 days ago
RBI MPC minutes: Panelists flag incoming impact of 'exceptionally' warm summers on food inflation economictimes.indiatimes.com /1 week ago
Mint Quick Edit | Beware, RBI is sniffing around for excessive risks livemint.com /1 week ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
