EGG PRICES COMPARISON
Egg prices got all the attention, but U.S restaurants are sounding the alarm on a bigger ingredient crisis that could hit menus hard; here's all about it
American restaurants face significant challenges as beef prices surge. Factors include a record-low US beef herd due to droughts, a ban on Mexican cattle imports, and a proposed 25% tariff on Canadian beef. These rising costs will likely lead to increased menu prices, impacting customers' bills at major chains such as McDonald's and Shake Shack.
Donald Trump’s viral “Shut Up About Egg Prices” repost on Truth Social sparks outrage as he golfs while Americans struggle with hight food costs
US President Donald Trump faced backlash after posting an article telling Americans to "shut up about egg prices." The article blames the Biden administration for high egg prices due to the bird flu epidemic. Social media users criticized Trump's dismissal of consumer concerns while claiming he is working to rectify the issue.
Why more Americans are renting chickens
Americans are increasingly renting chickens as a response to skyrocketing egg prices driven by the avian flu outbreak. Companies like Rent The Chicken are providing a six-month rental option, helping consumers manage costs and access fresh eggs without the full-time commitment of raising poultry.
Can the Fed Look Past Trump's Tariffs?
Federal Reserve officials are deliberating the potential impacts of President Trump's tariff policies on their plans to lower interest rates. While tariffs may temporarily increase prices, Fed Governors, including Christopher J. Waller, remain focused on controlling inflation and anticipate potential rate cuts, contingent on forthcoming economic data.
Elon Musk quips he finds Genghis Khan ‘interesting' amid 13th child rumours, internet points to similarities
Just as speculation swirls that Musk has fathered a 13th child—this time with conservative influencer Ashley St. Clair- the Tesla CEO in a tweet said he finds Ghengis Khan 'interesting'. Elon Musk has often been called 'modern-day Genghis Khan'. MAGA influencer Ashley St. Clair stunned social media with her claim that she gave birth to Tesla CEO Elon Musk's child five months ago, pushing the tally of his total kids to 13.
Food prices in US now see crazy surge after 'core inflation' touches 10-month high, here's some food items that have turned expensive
inflation rates in the United States have reached a 7-month high recently, with grocery prices seeing an upward surge. Here are some food items that have seen a sudden price jump
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Lure of diversification, higher returns and global exposure driving Indian investors to US markets: Subho Moulik
Subho Moulik, CEO of Appreciate, explains the increased interest of Indian investors in US markets, emphasizing diversification, higher returns, and advanced sector opportunities like AI and biotech. He highlights the importance of strategic risk management and regulatory frameworks. Moulik also discusses emerging trends, market opportunities, and the role of AI in transforming investment strategies.
Rising butter prices give European consumers and bakers a bad taste
Butter prices are soaring across Europe, impacting consumers and businesses alike. A global milk shortage, exacerbated by various factors including declining production and the war in Ukraine, is driving the increase. While some producers consider substitutes, others, like Parisian pastry chef Arnaud Delmontel, refuse to compromise on quality, absorbing the rising costs or adjusting portion sizes.
Zepto, Swiggy Instamart, or Zomato's Blinkit: Which Quick commerce platform is offering cheapest grocery options right now
Quick commerce platforms Swiggy Instamart, Blinkit, and Zepto make life easier by delivering groceries within minutes. Here is a detailed comparison of prices of groceries on all three platforms. Read on to know which of the three platforms is the cheapest so that the next time you buy groceries, you know where to go.
Pakistan braces for high prices as fruit, vegetable costs surge before Ramadan
As Ramadan begins in Pakistan, the prices of essential commodities have surged. Onions, potatoes, cabbage, chilies, capsicum, and fruits like bananas, apples, and melons have all seen significant price increases, causing economic difficulties for low- to middle-income consumers.
Pakistan: Inflation stays above 40 pc for second week in row
An official data reported by Dawn newspaper reveals that Pakistan's annual short-term inflation has persisted above 40% for the second consecutive week. This alarming economic situation is primarily attributed to a substantial surge in gas prices.
Short term inflation in Pakistan hits all-time high of 46%
Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 per cent year-on-year for the week ending on March 22, in comparison to last week 45.64's per cent YoY, as per data by Pakistan Bureau of Statistics (PBS), media reports said. On a week-on-week basis, short-term inflation increased by 1.80 per cent as tomatoes, potatoes and wheat flour became costlier, Samaa TV reported.
Inflation surges to nearly 40 per cent in crisis-hit Pakistan
Pakistan is trying hard to contain inflation in the last few weeks, but with little success. The recent hike in inflation comes even as the Pakistan government imposed new taxes and increased petroleum prices to fulfill the demand of the International Monetary Fund (IMF) before releasing USD 1.1 billion dollars under an already agreed USD 7 billion deal.
Commodity Watch: Decoding the declining Indian soybean meal exports growth
The domestic consumption growth for soybean meal is attributed to the increasing appetite for eggs, poultry meat, and fish which has resulted in an increase in the broiler, layer, and aquaculture production. Poultry meat production constitutes 50% of India’s total meat production.
Inflation remains low in last 7 years: Govt
Minister of State for Finance Anurag Singh Thakur, during Question Hour in the Rajya Sabha, said food items in the consumer price index (CPI) are showing a month-on-month decline. Commodities such as cereals, meat and fish, egg, vegetables and pulses have declined during January-February.
How EPF boost to housing sector may cure banks’ NPA migraine
Reeling under a wave of soured corporate debt that's tainted almost a sixth of their total loan book, state-run banks should also embrace this opportunity.
Petrol prices: How they moved
However, for a large part of the 12-month period, from September 13 to August 14, petrol prices had consistently stayed above Rs 80 a litre.
Giving up beef will be more beneficial to planet than driving cars
Cattle require on average 28 times more land and 11 times more irrigation water are responsible for releasing five times more greenhouse gases and consume six times as much nitrogen as eggs or poultry.
RBI must also focus on growth, job creation: P Chidambaram
P Chidambaram on Wednesday said that the RBI must also focus on growth and job creation instead of just targeting price stability.
Rupee to stabilise with fiscal consolidation, lower CAD: Chidambaram
Finance Minister P Chidambaram today said steps are bing taken to stabilise rupee and expressed confidence that it will find its correct level.
Food inflation soars to over 6-month high of 11.43 per cent
Food inflation soared to over 6-month high of 11.43 per cent for the week ended October 15, as prices of vegetables, fruits and milk went through the roof, hitting the common man.
Consumer Price Index up 1.25% in Sept; food and fuel dearer
The index for 'Housing' was up 1.12 per cent month-on- month at 108.8 points in September, up from 107.6 points in August.
Food inflation slips to 9.03% for week ended August 6
Food inflation fell to 9.03 per cent for the week ended August 6, even as the price of all items barring pulses rose on an annual basis.
After onion, prices of non-veg items on rise
An already battered common man facing hardships on account of soaring prices of onion and other vegetables, has no sigh of relief due to rise in prices of non-vegetarian food items by up to 25 per cent.
Poultry products price rises in Delhi
After lying low due to floods in Delhi and neighbouring states, broiler price has risen by about 20 per cent in the national capital in the past one week due to supply crunch.
Inflation falls further to 8.4%, but food items rise to 10.43%
Inflation in food articles rose to a 19-month high in the week ended November 15, overshadowing the accelerated fall in headline inflation, measured by wholesale price index (WPI), which dropped 0.4 percentage points to 8.4%.
Consumers cutting down on food expenses: Report
Even as surging food prices continue to add to inflationary pressures, a new survey has found that consumers have cut down considerably on their spending on food items in the last two years.
Dirty dozen face mom-’n’-pop, inflation war check
The Centre has directed state governments to maintain a strong monitoring apparatus to track relative price trends in 12 items: rice, pulses, fresh fruit, potato, sugar, fish, wheat, fresh vegetables, onion, milk, eggs and poultry.
Dearer food pushes inflation to 6.11%
It’s almost like ping-pong. Rising prices of manufactured products and food articles pushed inflation to 6.11% for the week ended January 20.
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