-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month. This is the eighth successive month that retail inflation...
More »SEARCH RESULT
Total Matching Records found : 966
Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »Paddy sowing over in 97% normal area till Sept 2, cloud over final output -Sanjeeb Mukherjee
-Business Standard For all the kharif crops, the acreage, as on September 2, was around 106.92 mha - just 1.27% lower than last year The acreage of paddy — the main foodgrain grown during the kharif season— continued to remain around 6 per cent lower than the acreage during the same period last year. So far, around 97 per cent of the normal area has been covered. Normal area is the average...
More »Govt expects higher rice procurement of 518 LT in Kharif season despite output worries
-PTI/ Moneycontrol.com The estimates were finalised after discussion with state food secretaries and Food Corporation of India (FCI) officials in a meeting chaired by Union Food Secretary Sudhanshu Pandey here. The government fixed the rice procurement estimate for the central pool at 518 lakh tonnes (LT) for the current Kharif season, up by 1.60 per cent from the last year despite production concerns. The estimates were finalised after discussion with state food secretaries...
More »Food Output may drop this year amid price rise concerns -Zia Haq
-Hindustan Times Planting of key kharif or summer-sown crops, which account for half of the country’s annual Food Output, was 1.5% lower on August 26 compared to last year, according to farm ministry data India’s Food Output is likely to fall after six straight record harvests, as extreme weather dented sowing of crops, such as rice and pulses, raising concerns about inflation and tight supplies, data from the farm ministry indicates. Planting of...
More »
