-Scroll.in Farmers in Maharashtra say almost all the seeds supplied by one company contracted a disease. A failure of tomato seeds might have contributed to the current rise in tomato prices across Maharashtra, if not the rest of the country. Since April, tomato prices have more than doubled across India. While the conventional wisdom has attributed this to excessive heat and unseasonal rain that affected the tomato crop at its flowering stage, farmers...
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Good rains likely over north India from June 26: IMD -Sanjeeb Mukherjee
-Business Standard So far, in the southern Peninsula and northwest India, the southwest monsoon is around 15 per cent and three per cent above normal, respectively New Delhi: Northwest Indian states of Uttar Pradesh, Delhi and Punjab might get good rains from June 26 to July 10, the India Meteorological Department (IMD) said on Thursday in its weather update. The southwest monsoon, according to IMD, has been around 18 per cent below normal...
More »Karnataka mulls higher tax for SECond car -Manu Aiyappa
-The Times of India Bengaluru: To reduce the growing traffic congestion and pollution in the city, the Karnataka government is toying with the idea of hiking the vehicle registration fee and other charges for those who want to own more than one four-wheeler. "We're working on this plan... Higher tax on the SECond vehicle would discourage citizens from owning too many vehicles, and also raise additional revenue for the government. Before we...
More »India wheat imports seen surging to decade high as supply drops -Pratik Parija
-Livemint.com Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to estimates New Delhi: India may import the most wheat in a decade as output declines in the world’s SECond-biggest producer. Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8% to 85 million metric tonnes in the...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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