Inflation moves up to 4.27 per cent
New Delhi: The wholesale price index increased to 4.27 per cent for the week ended June 30 as against 4.13 per cent in the previous week. Inflation stood at 5.21 per cent in July 1 last year.

There was yet another revision of previously revised data - the inflation rate for the week ended May 18 was revised upwards to 5.74 per cent from 5.44 per cent.

Prices of primary articles rose 0.4 pc due to increase in prices of food articles which rose by 0.7 pc. However, prices of non-food articles declined 0.2 pc. Prices of manufactured products increased 0.3 pc while fuel price increased marginally.
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US rejects food from India, China, Mexico
New York: The US Food and Drug Administration (FDA) has rejected 1,763 food shipments from India, 1,480 from Mexico and 1,368 from China in the 12-month period ending in June this year as spices from India contained salmonella while Mexico's seafood, chillies and cheese were too filthy to eat.

Chinese products like seafood, bean curd and noodles were also filthy, according to a report in The New York Times.

However the report did not reveal the amount of shipment that was rejected making it impossible to determine whether it was just a box of produce or an entire shipload, the report said.

A total of 543 shipments were rejected from Denmark and 482 from Italy, the only two European countries among the nine countries with the most number of rejected shipments.
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