Tag: El Nino impact on agriculture
India can emerge as key rice supplier as global production falls 9% and demand rises 14%: IREF
New Delhi: India is in a strong position to meet rising global demand for rice as global production is expected to fall by 9 per…
Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
Domestic rating agency Crisil on Wednesday raised its FY27 GDP growth forecast for India to 7% from 6.6%, citing expectations of strong economic growth in…
Foodgrain output target cut over El Nino impact
New Delhi: New Delhi: India has cut foodgrain production target to 373.93 million tonnes for the 2026-27 crop year from an estimated output of 376.56…
India considers cutting vegetable oil import taxes as prices climb
New Delhi: India, the world’s biggest vegetable oils importer, is considering lowering import taxes on the commodities to try to curb food inflation, two government…
Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry Report
New Delhi: India’s food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major contributors to…
India’s economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra
India Ratings and Research (Ind-Ra) on Tuesday projected India’s economic growth to moderate to 6.8% in the current financial year, down from 7.6% in FY26,…
Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concerns
Mumbai: The Reserve Bank of India (RBI) is likely to leave the benchmark interest rate unchanged at its August monetary policy review despite elevated inflation,…
Protein inflation surges as costlier fodder pushes up milk, chicken prices
New Delhi: Inflation in protein-rich foods accelerated to 5.3% in June, more than doubling from January, as heatwaves and higher animal feed costs pushed up…
Fall in global crude prices brightens fiscal outlook, El Nino risks linger
New Delhi: A sharp decline in global crude oil prices following the easing of tensions in West Asia has improved India’s fiscal outlook, with economists…
Seed stocks adequate, but last-mile delivery remains critical: FSII
India’s private seed companies are holding 20-30 per cent surplus stock for the kharif season, but ensuring timely distribution to rain-deficient regions remains the biggest…