What changed, why it matters, and what most people may be overlooking.
Diesel is 68% above last year just as combines, trucks and cold chains enter peak harvest, creating a cost shock that cannot be avoided by delaying farm activity.
Rainfall deficits of as much as 42% in key regions threaten the sharpest production decline in nearly two decades, but unusually large inventories could keep exports open.
New Delhi is considering a five-percentage-point tax reduction after edible-oil prices climbed nearly 20%, but the consumer benefit depends on global prices, the rupee and whether importers pass the saving through.
Retail inflation reached an eight-month high and food inflation climbed to 5.95%; the policy question is whether pressure is spreading beyond volatile vegetables into a stickier household-cost problem.
New Delhi allowed one million tonnes of duty-free imports and warned mills to keep supplies adequate after hoarding pushed prices to a record and 20% above levels two months earlier.
The government is tightening both how much sugar dealers can hold and how long they can hold it, turning inventory velocity into the next sector signal.