Eggs and chicken are likely to cost more in the coming months following 69 per cent jump in poultry feed prices this year due to lack of rainfall and higher global rates.

Average prices of poultry fe

The Reserve Bank on Monday hinted at holding on to its elevated rates in the quarterly monetary policy review on Tuesday, saying there are increased risks on inflation scenario and lack of action on the fiscal front.

Bankers expect RBI to cut cash reserve ratio by up to 0.50 per cent in its policy review on July 31 even as drought is staring at the country which could fuel price rise.

Faced with slowing economic growth and a dangerously high balance of payments deficit, about the last thing India needs is food prices pushing inflation higher, but that is just what the weather gods are brewing.

India's economy will grow at its slowest pace in a decade in fiscal 2013, with tight monetary policy, political gridlock and a weakening global economy prompting analysts to slash their forecasts, a R

Surrendering early gains, the BSE benchmark index Sensex fell by 47 points due to fresh selling pressure mainly in auto, capital goods, consumer durables and realty sectors on the back of lower Asi

India's annual consumer price inflation slowed slightly in June to 10.02 per cent, government data showed on Wednesday, but food prices accelerated as concerns rose about below-average monsoon rains.

India's non-inflationary growth rate has fallen to around 7.5 percent from 8 percent in the post-Lehman crisis period, RBI chief Duvvuri Subbarao said on Tuesday.

Assessing India's potential growth r

India's headline inflation slowed to its lowest level in five months in June, helped by slower increases in fuel prices, adding to pressure on the RBI from business leaders to cut interest rates to help revive the lacklustre economy.

Reserve Bank Governor D. Subbarao said the inflation numbers on both the wholesale and retail front are way above the central bank's comfort level.