-The Hindu Business Line New Delhi: Prices of vegetables and pulses are set to shoot up after unseasonal rain damaged over 50 lakh hectares of standing crops across the country, putting enormous strain on household budgets. Consumers will have to pay more for potatoes, carrots, cabbages, mustard and almost all the pulses over the next few weeks. Rain in northern, central and western parts has caused widespread damage to crops in Punjab,...

-PTI Chandigarh: Punjab, the food bowl of the country, may not achieve bumper Wheat Output this season, with several growing areas facing "massive" crop loss due to untimely rains accompanied by hailstorm and high velocity winds during February and this month. "We may not have bumper wheat production this season as rains along with hailstorm have damaged wheat crop in several parts of Punjab," Punjab Agriculture Director, Mangal Singh Sandhu told PTI. He...

-The Indian Express   New Delhi: Unseasonal rainfall accompanied by strong winds is seen to have caused significant damage to the standing rabi crop across North and Central India, adding to the woes of farmers already battling low price realisations and urea shortages. "These rains aren't beneficial for 90 per cent of the wheat, mustard or chana (chickpea) now in the fields. They may be useful only to the wheat that was sown...

-PTI Chandigarh: Punjab's farming sector has expressed disappointment over the Union Budget for not taking "pro-farmers" decision to provide much-needed fillip to the state's agriculture which has been suffering with "high" input cost and "lower" output prices. Even the farm experts have also expressed displeasure with the budget for not announcing any financial assistance to Punjab to promote crop diversification as state's wheat-paddy production has reached saturation point, besides taking a toll...

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...