-Business Standard Meteorologists said the slump could push the cumulative Monsoon into the negative zone for the first time New Delhi: The southwest Monsoon, which has had a stupendous run so far in 2016, has entered a weak phase for the first time since it gathered steam in July over most parts of the country. Eastern, northeastern India and parts of central India have been spared from this lull, which might continue...
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Food inflation to cool in August with prices of crops falling steeply amid good rains -Madhvi Sally
-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal Monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
More »Food prices may cool on kharif sowing; rate cut unlikely
-PTI The rise in wholesale prices may provide partial relief to manufacturers and producers, although it brings bad news for household budgets of consumers. Experts and industry said kharif sowing trends indicate cooling of food inflation in the coming months, even as chances of a rate cut in the near-term are low, given the rise in WPI and retail inflation. Wholesale inflation soared to a 23-month high of 3.55 per cent in July...
More »Maharashtra: Pulses on the low as increased sowing sparks market losses -Partha Sarathi Biswas
-The Indian Express Volatility of prices has been one of the major reasons for farmers being weaned away from pulses towards sugarcane. Pune: Last year, when prices of dal had rocketed, both the state and central governments had announced several efforts to increase cultivation of pulses in the country. While the area under cultivation has seen an increase by 119 per cent, wholesale prices of the commodity has seen a dip,...
More »From plate to plough: Seeds of change - Shweta Saini & Ashok Gulati
-The Indian Express On Independence Day, we salute our freedom fighters. We also remember Lal Bahadur Shastri who gave us the slogan, jai jawan, jai kisan. PM Modi needs to move from slogans to action to transform agriculture. Atal Bihari Vajpayee expanded the slogan to jai jawan, jai kisan, jai vigyan. The present government has an array of slogans for the farmers. Prime Minister Modi has coined so many — swacchh bharat,...
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