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Macro policy for uncertain times -Sonal Varma

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...

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High cost of cattle feed: Milk cooperatives face strain in supply chain -AM Jigeesh

-The Hindu No plan to increase price of milk as of now, say federations As the festival season has started, milk cooperative federations are witnessing a strain in the supply chain as the production has witnessed a marginal decrease primarily due to the increase in fodder cost. The organised sector is witnessing a decrease in procurement and the federations expect the situation will be normal after Deepavali. Farmers, however, demanded an increase...

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Mahindra tractor sales hit a high of 47,100 units in September

-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding firm,...

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Rationale behind raising interest rates -Sashwath Swaminathan nd Anand Srinivasan

-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock Market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

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Weighty Issue: Editorial on how obesity impacts India's GDP

-The Telegraph An important cause of this new epidemic is the aggressive marketing and the rising consumption of ultra-processed foods — usually high in salt, sugar and bad fats A report published in BMJ Global Health has revealed that obesity and other conditions related to weight are costing India around 1 per cent of its gross domestic product annually. Overweight and obesity make up the most common lifestyle ailment in India and...

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