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Rabi acreage up 7%; rice, coarse cereals take a hit

-The Hindu Business Line Pulses, wheat, oilseeds gain area New Delhi: Sowing in the on-going rabi season maintained its pace of low growth in the new year with rice and coarse cereals posting a decline and oilseeds remaining stagnant compared with the average of the last five years. Total sowing till January 6 increased 2.76 per cent to 602.75 lakh hectares (lh) compared with the previous five year’s average (normal of corresponding week)...

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Why a Parliamentary Act - or ordinance - is needed for demonetisation -Pratik Datta & Rajeswari Sengupta

-Scroll.in Without it demonetisation would be legal, but the RBI would continue to remain under a legal obligation to keep on exchanging the old notes with new ones. On November 8, 2016 the Rs 500 and Rs 1,000 notes were “demonetised”. This move has raised three interesting legal questions. Writ petitions have been filed across the country challenging the legality of demonetisation. Petitions are pending before High Courts of Kerala, Bombay, Delhi,...

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Arhar prices fall below MSP after bumper crop -Sayantan Bera

-Livemint.com Prices may dip further once the harvest from Maharashtra, Gujarat and Madhya Pradesh hits markets in January New Delhi: After moong, prices of arhar, a major rain-fed kharif crop, have plunged below support prices in major growing states such as Karnataka and Andhra Pradesh where the crop has reached markets. The dip in wholesale prices follows a record crop due to a normal south-west monsoon and farmers increasing its acreage, taking a...

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Cash crunch proves a hot potato for these farmers -Vikas Vasudeva

-The Hindu Cultivators in Punjab and Haryana head for another period of distress, thanks to demonetisation Demonetisation of Rs. 500 and Rs. 1,000 notes has badly hit potato growers in Punjab and Haryana where farmers are heading for yet another period of distress as they are finding it difficult to recover even the cost of produce, let alone make profits. In Jalandhar’s vegetable market, the fresh-crop potato fetched as low as Rs. 100...

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Do not want politics to shift to courts: Supreme Court

-PTI New Delhi: "We do not want politics to shift to the courts," the Supreme Court observed on Thursday while hearing arguments on whether a political party can file and pursue a public interest litigation (PIL). "The apprehension is that this will shift politics to the courts. We do not want this. We do not want politics to shift to the courts," a bench of Justices Madan B Lokur and N V...

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