The agricultural supply system has to be able to respond to this increasing demand, which it is not able to do.
Flagging the challenge of raising foodgrain production, Prime Minister Manmohan Singh on Friday promised all assistance to states for improving agricultural growth.
Aseem Chhabra lists his favourite Indian films of 2021.
The RBI's bi-monthly policy review on June 3 will be the first after Prime Minister Narendra Modi assumed office on May 26.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
You'll be surprised, but India is one of them!
'Let the high price of onions clear the market, matching supply with demand.' 'Let onion growers keep exporting -- we are the world's largest onion exporter, export 10% of our production,' advises Naushad Forbes.
Critics argue that much more could have been done and that the government was slow to react to many events.
Weak monsoon forecast rekindled fears of higher inflation.
'This virus came in December 2019 and how this virus is going to behave in October and November, we don't know yet.'
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
The daily wage earners who oil the wheels of the movies business are struggling to cope with the fallout of the lockdown.
Reuters photographer Soe Zeya Tun captures the plight of Rohingya and Bangladeshi migrants who were rescued off Myanmar's southern coast last week from a boat carrying 734 people through these moving images.
The global financial services major had earlier said that the central bank would keep its policy rates on hold.
Panic-struck relatives are also sharing the location of their near and dear ones trapped in various places using Google maps.
Get Ahead readers Meera Khanduri and Pradnya Kaushik have sent in lip-smacking recipes to enjoy during the monsoons!
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The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 per cent so far this year despite efforts by policymakers to prop it up.
Indian genetics put us at a higher tendency to gain belly fat.
Achieving inflation target of 4 per cent, recovery after remonetisation and hardening profile of oil prices are some of the risks which the RBI is watching closely, says Gaurav Kapur.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
India's annual rate of inflation, based on its monthly Wholesale Price Index, climbed to 6.01 per cent for the month of May 2014, as against 5.20 per cent for May and 4.58 per cent during the corresponding month of the previous year, which has set off alarm bells.
A fall presents an opportunity to buy rate-sensitive stocks.
The RBI's next policy review is set for Sept. 29.
Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week
Evidently, the economy has come out of the low growth phase in the past two years and it does appear the economy will continue to remain in the plus-five per cent range.
However, RBI would continue to nudge banks to cut lending rates
Last week, the Consumer Price Index-based inflation for the month had contracted to 4.4 per cent.
Gold has pushed lower as a result of Chinese selling.
The policy will be presented in the backdrop of rising inflation.
Six working professionals tell us how they balance time between work and family.
Twenty-four more people were killed on Saturday as floods triggered by heavy monsoon rains inundated northern Pakistan, raising the overall death toll in the flooding to 46.
Monetary policy easing, coupled with the relaxation of lending rules and greater election-driven fiscal spending in the first quarter of 2019, will provide some support to growth during the first half of 2019-20 fiscal
He also proposed various measures, including land tax waiver for farmers, to mitigate their suffering.
The RBI has made serious attempts to improve fiscal deficit.
As it stands, there does not seem to be a threat to prices.
'I sighed, wondering what we'd eat if all farmers took jobs in the city and all their fields degenerated into land for sale,' notes Geetanjali Krishna.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
India on Tuesday set a minimum export price for onions of $300 per tonne to discourage overseas shipments amid an inflation scare that threatens to stoke public anger over rising prices at local food markets.
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