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Barclays pegs average CPI inflation at 5% this fiscal

Last Updated: Friday, July 3, 2015, 15:41

The headline inflation is at "manageable" levels, but risks around food inflation still persist, global financial services major Barclays said, adding that the average CPI inflation for this fiscal is likely to be 5 percent.

No threat to paddy crop despite deficient rain forecast: Govt

Last Updated: Thursday, July 2, 2015, 17:15

The government today tried to allay concerns on paddy crop, saying there's no threat to it despite IMD's projection of deficient rains in July and August.

Rains rally Asia crops in El Nino year, but relief seen short-lived

Last Updated: Friday, June 26, 2015, 09:03

"Australia is dry but we have received some rains on the east coast," the fund manager added.

Farmers wait for monsoon in rain-fed areas to begin sowing

Last Updated: Sunday, June 14, 2015, 13:28

As per the Union Agriculture Ministry data, sowing so far in this kharif season is higher in case of paddy and oilseeds, but the area is lagging behind in pulses, coarse cereals, cotton and jute.

Enough food stocks to keep prices under check: CEA on monsoon

Last Updated: Tuesday, May 26, 2015, 16:40

At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.

Adequate food stocks to help contain inflation: Arvind Subramanian

Last Updated: Tuesday, May 26, 2015, 15:04

India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.

Paddy sowing up 17% so far this Kharif season

Last Updated: Friday, May 22, 2015, 19:08

Area under coverage for paddy has risen by 17 percent so far in this Kharif season at 2.68 lakh hectares amid forecast that monsoon rains will hit Kerala on May 30, two days ahead of its schedule.

Foodgrain output to fall by 5% to 251 MT in 2014-15

Last Updated: Wednesday, May 13, 2015, 21:47

The country had registered a record foodgrain production of 265.04 million tonnes in 2013-14 crop year (July-June). Wheat, rice, coarse cereals and pulses are part of foodgrain basket.

Centre asks states to prepare for lower monsoon rains

Last Updated: Wednesday, May 13, 2015, 16:55

With the MeT office indicating a below normal rainfall across the country in the coming monsoon season, the Centre has asked the states to make preparations to deal with the situation and take up works under the rural job scheme MNREGA.

Wheat output may decline by 4% in 2014-15 on unseasonal rains

Last Updated: Wednesday, May 13, 2015, 14:51

Wheat production may fall by 4 percent during the 2014-15 crop year from record 95.85 million tonnes in the previous year as the crop was affected due to the recent unseasonal rains and hailstorms.

FM admits to 'agrarian crisis', offers more support to farmers

Last Updated: Saturday, May 9, 2015, 22:20

Finance Minister Arun Jaitley on Saturday hinted at more sops for the troubled farmers, saying the unseasonal rains in March have resulted in an "agrarian crisis".

In India's grain bowl, recent rains ease weak monsoon worries

Last Updated: Friday, May 1, 2015, 19:04

Recent unseasonal rainfall in India has come as a blessing for some farmers as it has replenished reservoirs in parts of the country, allaying concerns stemming from forecasts for a weak summer monsoon this year.