-The Hindu On conservating estimate, exports will cross $750 billion amid global headwinds, said Commerce Secretary India’s merchandise exports contracted 1.15% in August to $33 billion, while inelastic imports of petroleum and coal remained firm, lifting imports above the $60 billion mark for the sixth successive month. The country’s goods trade deficit moderated slightly from the record $30 billion in July, but remained the second highest on record at $28.68 billion, more than...

-Moneycontrol.com The world's biggest rice exporter could see lower production as sowing has been 6 percent lower than the previous season India, the world’s largest rice exporter, could ban exports amid sub-par sowing this season, Nomura said on August 30. “Will India ban rice exports? We think the risk is non-negligible,” Sonal Varma, Nomura's chief economist for India and Asia (excluding Japan), said in a note. “Following the Russia-Ukraine war, soaring maize prices prompted...

-Business Standard A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse Following Russia's invasion of Ukraine and amid challenges for global food supply, PM Narendra Modi declared that India was capable of "feeding the world". However, instead of feeding the world, the govt soon restricted...

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

-The Hindu ‘COVID-19 has hurt young people more than any other age group’ India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deteriorated in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. The recovery in youth employment is still lagging globally, the report says confirming that COVID-19 has hurt young people more...