-TheWire.in A foreign exchange crunch in Sri Lanka has led to a shortage of essential goods and power cuts that last up to 13 hours a day. New Delhi: Sri Lanka is grappling with the worst economic crisis in decades, which has spiked the prices of Essential Commodities like rice, milk powder, cooking gas and fuel. For instance, one kilogram of basmati rice currently costs between Rs 300-800 as compared to around Rs...

-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...

-Livemint.com We do need reforms to make farming remunerative again but it will take a truly participatory effort On 19 November, in a sudden announcement, Prime Minister Narendra Modi announced the withdrawal of three contentious farm laws passed by Parliament last September. And they were repealed on the very first day that the House convened for its winter session. Like the way they were passed last year, the repeal was also done...

-The Hindu True agricultural reform rests with local governments, and States need to go back to the basics and expert suggestions The recent announcement by the Prime Minister that the Union Government would seek to repeal the three Farm Laws in the winter session of Parliament has prompted diverse reactions. On November 29, the first day in Parliament, the Farm Laws Repeal Bill was passed in the Lok Sabha without discussion. These...

-Livemint.com * This decision will soften the prices of edible oils in the domestic market * The high prices of edible oil in international market has a substantial impact on the domestic edible oil prices In a landmark decision, the Department of Food and Public Distribution has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. In a release the department said, the Removal of Licensing Requirements, Stock...