-The Hindu Business Line Experts say current manual methods are error-prone, moot scientific process The advance crop estimate made by the Ministry of Agriculture and Farmers’ Welfare usually differs between the first and subsequent three ones before it comes out with the final estimate. However, the difference has seldom caused problems in the agricultural markets or led to complaints of not reflecting what the trade has felt is the ground reality. But some...

-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...

-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...