-The Economic Times KOLKATA: India's pulses harvest for the kharif 2013 season has touched 7 million tonne (as compared to 5.9 million tonne in 2012 and, as per the latest report of Weather Watch Group in Agriculture Ministry, the acreage planted to pulses has touched 10.2 million hectares (as compared to 8.8. million hectares in 2012. Mr. Pravin Dongre, Chairman - India Pulses and Grains Association (IPGA) speaking about the kharif harvest...
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Raid threat pulls down onion prices in Maharashtra -Jayashree Bhosale
-The Economic Times PUNE: Onion prices have crashed by 25-30% from the peak of Rs 60 per kg last week after the Maharashtra government threatened onion traders with raids and new harvests eased pressure on supplies. On September 18 and 19, wholesale prices at many APMCs in Maharashtra had risen to Rs 55 per kg. A meeting held by the state's marketing director at Lasalgaon on September 19 suggesting raids if prices...
More »kharif Foodgrain Output May Surpass 2012 Level: Pawar
-Outlook India's foodgrain production is projected to increase marginally in the kharif (summer) season this year to 129.32 million tonnes after more than half the country received normal monsoon rains. "Total foodgrain production in the kharif season of the 2013-14 crop year is definitely expected to be higher than last year's level at 129.32 million tonnes," Agriculture Minister Sharad Pawar told PTI. Foodgrain output stood at 128.2 million tonnes in last year's kharif...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Nitish in Delhi with Rs 12000-cr demand
-The Telegraph New Delhi/Patna: Chief minister Nitish Kumar today landed in the national capital with a demand of a relief package of Rs 12,000 crore from the Centre. A day after declaring 33 of Bihar's 38 districts as drought-hit, Nitish, who met finance minister P. Chidambaram and agriculture minister Sharad Pawar, said the state's agrarian economy was totally paralysed because of the acute rainfall deficiency during the kharif season. Nitish requested Chidambaram to...
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