Monsoon Trouble For India’s Farms? Kharif Sowing Falls 16%, Pulses Hit Hardest

Show Quick Read Key points generated by AI, verified by newsroom Kharif sowing trails by 16% due to weak monsoon. Rice, pulses, oilseeds, cotton acreage significantly decreased. Monsoon briefly improved early-July, but now weakened again. India’s kharif sowing season is running behind last year’s pace, with the total area planted under summer crops down 16…

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Retail inflation jumps to 4.38% in June, driven by food, jewellery prices; breaches RBI’s 4% target

Retail inflation crosses RBI target, at 4.38% India’s retail inflation rose to 4.38 per cent in June, up from 3.93 per cent in May, as higher food prices pushed up the overall Consumer Price Index (CPI), according to provisional data released by the ministry of statistics and programme implementation (MoSPI) on Monday.Food inflation, measured by…

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Petrol, diesel price hikes could push up inflation and transport costs, says Crisil

Rising petrol and diesel prices could rekindle inflationary pressures in the economy by increasing transportation, logistics and manufacturing costs, with the impact likely to be felt across food and consumer goods categories in the coming months, according to a Crisil report released on Tuesday.Petrol and diesel prices have risen by around Rs 7.5 per litre…

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