-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
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Farmers plant more area under pulses, move away from Bt cotton -Sayantan Bera
-Livemint.com The agriculture ministry says an area of 12.1 million hectares has been planted with pulses, over 11% more than the five-year average sown under the crop New Delhi: Buoyed by good rains and higher prices, farmers across India have planted a record area under different varieties of pulses, shows data released by the agriculture ministry on Friday. So far, an area of 12.1 million hectares has been planted with pulses, over...
More »Govt cracks the whip on price rise -Sanjeeb Mukherjee
-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
More »Retail inflation inches up to 5.76 per cent in May -KR Srivats
-The Hindu Business Line New Delhi: A sharp spike in food articles inflation has led to May retail inflation inching up to 5.76 percent, weakening prospects of any RBI repo rate cut in August. This May 2016 print is higher than retail inflation of 5.01 percent in May last year and 5.47 percent in April this year. Food articles inflation jumped to 7.55 percent in May 2016 from 6.40 percent in previous month. The...
More »India largest producer, consumer, importer of pulses. Here’s how we can be self-sufficient -Shyam Khadka
-The Financial Express On December 21, 2013, the General Assembly of the United Nations voted to proclaim 2016 as the International Year of Pulses (IYP). On December 21, 2013, the General Assembly of the United Nations voted to proclaim 2016 as the International Year of Pulses (IYP). It followed unanimous votes in favour of declaring IYP 2016 by the Food and Agriculture Organisation (FAO) in April and June 2013. An International...
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