-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity prices and financial market volatility have led to...

-PTI/ Business Standard Traders attributed the increase in prices to crop failure in South India. Tomatoes from North India got diverted to the south, affecting supplies in the Delhi region, they added The price of tomatoes in the national capital has jumped 44 per cent in the last one month to Rs 46 per kg with supply being disrupted due to heat wave and lower production in South India. According to data available...

-The Telegraph Wages and salaries raised with effect from January 1; planters asked to clear dues before July-end Siliguri: The state labour department issued a notification on Tuesday for an interim hike of 15 per cent in wages of workers and salaries of staff and sub-staff in tea gardens of north Bengal with retrospective effect from January 1. According to the notification issued by state labour commissioner Amarnath Mallick, the daily wage would...

-Livemint.com Following the export ban, India has received requests from Indonesia, Oman, UAE, Bangladesh and Yemen The government has received requests for wheat supplies from at least five countries including Indonesia, one of the world’s largest importers of the grain, and Bangladesh after India banned wheat exports last month, a government official said. While banning wheat exports amid spiralling global prices on 13 May, India kept open the option of government-to-government (G2G) supplies...

-The Hindu Business Line MSP signalling in favour of oilseeds, pulses should be backed up by credible procurement steps In announcing the minimum support prices for the kharif season, the Centre has rightly stuck to its plan of trying to wean away acreage from rice, particularly in rainfed areas, to pulses and oilseeds. This has been its policy since 2015, and it has resulted in output gains and increased acreage in pulses,...