These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Onion prices have been rising due to speculation amid anticipation of below normal monsoon despite sufficient supply in the country.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
Apeksha Bhattacharya has dedicated her life to popularising ballet.
Candidates of the Naveen Patnaik-led party have won in 105 assembly seats, while the Congress has won 16 seats (11 in the previous assembly), and the Bharatiya Janata party 10 seats.
A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 per cent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said.
The 40-year-old Indus Water Treaty between India and Pakistan has been an outstanding example of conflict resolution but scarcity of water in the basin states since the early 1990s has brought the agreement under strain and its "survival appears weak", according to a UN report.
The Reserve Bank on Monday pitched for creation of a conducive environment for investment and faster clearances of projects to boost economic growth which slowed to a decade low of 5 per cent in the previous fiscal.
Not only primary vegetables, but also additives like garlic, ginger and chilly have recorded a sharp increase in prices
This could be the reason why Prime Minister Narendra Modi mentioned tomato, onion, and potato as his government's 'TOP' priority, in an election rally on February 5 in poll-bound Karnataka.
Budget 2018 bears imprints of a government unsure of second term with clear majority, says Shekhar Gupta.
There have been several instances of traders dumping fruits and vegetables outside mandis. Or of farmers dumping produce outside their villages or feeding them to their animals.
Agriculture implements that are currently taxed up to 18 per cent may come under the 12 per cent or the 5 per cent bracket.
According to the global financial services major, the Consumer Price Index based inflation is peaking off and is expected to be around 7.5-8 per cent in September.
Because of late monsoon, arrival of kharif (summer) onion crops would be delayed by a month in key growing areas of Maharashtra, Rajasthan and Madhya Pradesh, threatening to push up prices in the late September and October.
Assocham-Skymet report says untimely rain may reappear in north India.
Traders say prices will remain elevated due to increased demand, lower availability
Skymet said the monsoon this year could be 100 per cent of the long period average (LPA) with a model error of plus and minus 5 per cent.
Binu Alex, co-founder and editorial director of www.commodityonline.com, in an interview to Syed Firdaus Ashraf/Rediff.com, says demand-supply imbalance arising out of the government's inability to preserve the crop for non-harvesting season is the root cause behind the price rise.
Allegations abound that traders milked the scheme to artificially keep prices down, while a significant amount of growers didn't even register owing to multiple difficulties in registration and were deprived of the payout.
BJP's best bet lies in the TDP and the TRS striking a deal with the Congress and framing the battle as a UPA versus NDA clash, reports Radhika Ramaseshan.
CPI inflation will remain below the target of 6 per cent set for January 2016.
Private traders had placed orders early this month with Egyptian suppliers at $320 a tonne
Experts say it will make GDP growth target of 5.7-5.8% difficult to achieve, while ministries feel late resurgence will help in sowing of rabi crops.
Prices of the key vegetable have also gone up in various cities.
'Onion supply to mandis has declined due to its lower availability.'
Onion prices have been ruling at Rs 70-90 per kg in most parts of the country and even touched Rs 100 per kg in some cities like Patna and Jammu.
RBI policy surely cannot impact agflation, in any case.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
As many as 17 farmers have allegedly committed suicide in the agrarian crisis-hit Vidarbha region of Maharashtra in the last five days, a non-government organisation working for their cause claimed on Monday.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Madhya Pradesh, Maharashtra, Rajasthan, Chhattisgarh (all BJP-ruled), Karnataka, Haryana, Punjab, Uttar Pradesh, Jammu and Kashmir, Bihar, Assam, West Bengal and Kerala are among the worst performers.
The sharp drop in prices couldn't have come at a more difficult time, particularly for the two big producing states of Madhya Pradesh and Rajasthan, and also neighbouring Chhattisgarh as the states go to polls in the next few months.
Work in mandis across UP and in northern India which till Tuesday, witnessed heavy arrivals of newly harvested paddy, saw a steep decline.
'He is not looking at the interest of farmers. He only wants to do the politics of elections.' 'This Budget is for the new super India. It is exploiting the villages of Bharat.'
Folk artist from Chhattisgarh Teejan Bai, Guelleh, Naik and theatre actor from Maharashtra Balwant Moreshwar Purandare will be honoured with Padma Vibushan.
'The current crisis is a result of a clash between a coercive attempt by the government to justify demonetisation and rising digital transactions against the market and the economy fighting the unexpected pressure from atop.'
Gold import this financial year is estimated at 945 tonnes.
The committee would submit its report in the next two weeks.
