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Paddy stubble burning incidents dip by 83% this year so far
IARI incidents of stubble farming will be fewer this year owing to the increased awareness among farmers and use of decomposers.
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Fitch slashes India’s FY22 GDP growth forecast to 8.7%
Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy
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A power crisis is looming large
At the root of the problem lies the coal shortage and more than 70% of power generation is coal-dependent
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Inflation likely to peak by end of year: IMF
Consumer prices may recede to pre-pandemic levels by the middle of next year
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Jewellers expect sales to peak this festival season
Lower prices, revival in economy and easing of Covid restrictions favour brisk sales
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Moody’s rating upgrade is a shot in the arm: Analysts
A gradual fiscal consolidation will further boost the sentiment, say analysts
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India on the path towards economic recovery: CEA
In the financial sector, the introduction of Insolvency and Bankruptcy Code has led to resolution of stressed assets worth Rs 2.4 lakh crore
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Government revises date for paddy procurement to October 3
Kharif crops, paddy and millet were supposed to be procured from October 1, but due to heavy rains and moisture content they were postponed
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Policy normalization could be signalled by October 8
Standard Chartered also expects a firmer signal, which could be the need of the hour if another surge in infections is completely ruled out
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Sugar exports at record 7.1 million tonnes in 2020-21: ISMA
In order to overcome the challenge of high costs of cane and sugar, ISMA stressed on rationalising the sugarcane pricing policy in India
