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Losing the pulse: Farmers will suffer a setback with falling chana prices. Govt must observe - Shweta Saini and Pulkit Khatri

-ThePrint.in With prices of chana trickling for two years now, the government must revisit its policies and save the crop before it is too late. Chana prices in India have been ruling below their minimum support price (MSP) levels since the last two years. But unlike cereals, edible oils, and vegetables, where inflation is regularly reported, falling prices of such crops seldom make it to the national media. These prices are important...

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RBI reluctant to hand out NBFC licence to fintechs -Hamsini Karthik

-The Hindu Business Line PhonePe - ZestMoney deal to set precedence for fintechs to explore backdoor entry into the lending business  Despite three months of engagement and continued discussions with the banking regulator, fintechs may not have cracked the code yet to operate as non-bank lenders. Highly placed sources say the Reserve Bank of India is reluctant to issue non-bank finance company or NBFC licences to fintechs. PhonePe, Razorpay, BharatPe, Khatabook, OkCredit and...

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Haryana: 44,700 Metric Tonnes of Wheat Spoiled After Being Left in Open Plinth

-TheWire.in/ With PTI inputs The state government will recover costs of the spoiled procured wheat from officials. New Delhi: Haryana’s deputy chief minister Dushyant Chautala on Tuesday (November 15) said that 58.59 lakh metric tonnes of paddy have been procured in the state during the current season, far exceeding the target of 57 lakh MT. Chautala said that nearly 98% farmers have already received the payment amounting to Rs 11,819 crore directly into their...

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Stay watchful: On October inflation data

-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...

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