-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
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Onion crisis to last 2-3 weeks: Pawar -Vishwa Mohan & Dipak Kumar Dash
-The Times of India NEW DELHI: Even as the Centre on Wednesday stepped in to import onion from China and Pakistan in a bid to cool down prices of the staple, Union agriculture minister Sharad Pawar warned that the crisis may continue for another two to three weeks. "Next two to three weeks will be tough. Ultimately, we have to find a solution. We have to import as early as possible," Pawar...
More »A pound of flesh to feed the poor-Arun Mohan Sukumar
-The Hindu Realising that New Delhi needs to clear its food security legislation at the WTO in time for the election, the West has sought increased market access in return for temporary relief A few months ago, the most optimistic observers of international politics were not willing to hedge their bets on the Doha Development Round at the World Trade Organisation. The Doha Round negotiations have been stalled for more than a...
More »India set for bumper winter crops in wake of monsoon rains
-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...
More »Delhi: Onion prices touch Rs 90 per kg, may hit Rs 100 soon -Dipak Kumar Dash & Neha Lalchandani
-The Times of India NEW DELHI: Onion prices soared to the year's high of Rs 90 per kg in many parts of the capital on Monday, amid indications that the staple many touch Rs 100 before coming down to more normal levels around Diwali. Market watchers said the quantity of fresh arrivals were not as much as expected and this was likely to further raise prices over the next one week. Onions...
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