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Farmers' protest enters Day 10: A look at State amendments to Centre's laws and how they address producers' concerns
India

Farmers' protest enters Day 10: A look at State amendments to Centre's laws and how they address producers' concerns

The amendments passed by Chhattisgarh, Punjab and Rajasthan governments, once approved by respective state Governors, and the President of India in some cases, will override any other law currently in force, and allow for the respective state APMC laws to continue to apply in these states

Centre announces higher MSPs for six crops: A look at how minimum support prices are calculated, and what makes them important
India

Centre announces higher MSPs for six crops: A look at how minimum support prices are calculated, and what makes them important

The government's emphasis on MSPs is not surprising, as support prices have often been the focus of protests by farmers

Union Cabinet hikes MSPs for rabi crops, approves BSNL-MTNL merger, regularises unauthorised Delhi colonies: 5 key decisions taken today
Business

Union Cabinet hikes MSPs for rabi crops, approves BSNL-MTNL merger, regularises unauthorised Delhi colonies: 5 key decisions taken today

The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday took major decisions aimed at reviving the economy

Govt hikes minimum support price of wheat by Rs 85 per quintal and pulses by up to Rs 325 per quintal
Business

Govt hikes minimum support price of wheat by Rs 85 per quintal and pulses by up to Rs 325 per quintal

The government on Wednesday increased the minimum support price (MSP) for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal, official sources said

BJP manifesto: Continuity for sure, but some goals are aspirational; where will the money come from?
Business

BJP manifesto: Continuity for sure, but some goals are aspirational; where will the money come from?

The BJP manifesto promises continuity which is assuring as there will be more of the same with certain toppings directed to the poorer sections.

Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?
Business

Year 2018 showed us farmer suicides and agri distress aren't fake news; will 2019 be any different for the kisan?

Suicides by farmers despite the rollout of freebies should be an important lesson to the government that waiving off farm loans is hardly a way to address farm distress, either in the short-term or long-term.

First half of 2019 likely to be volatile, but stronger macros signal positive equity market move
Business

First half of 2019 likely to be volatile, but stronger macros signal positive equity market move

The rural consumption thesis holds strong for the economy with over 50 percent contribution to India’s GDP and around 50 percent contribution towards consumption.

Farm woes to take centrestage in the new year as poll battle looms
Business

Farm woes to take centrestage in the new year as poll battle looms

The agriculture sector, which remained in distress during 2018 as crop prices slumped due to bumper production, will be in the spotlight in the new year as the BJP-ruled central government is set to roll out a big package to assuage the angry farming community ahead of the general elections.

Falling price of food isn't always good news; it signals deep trouble for India's rural economy
Business

Falling price of food isn't always good news; it signals deep trouble for India's rural economy

It is quite possible that non-food WPI and manufacturing will also fall in coming months for two reasons

Petrol, diesel excise cut: Fiscal stress staring at India; can Centre, states have the guts to tackle it?
Business

Petrol, diesel excise cut: Fiscal stress staring at India; can Centre, states have the guts to tackle it?

Post the petrol, diesel, excise cut, how the Centre manages to stick to the fiscal deficit target of 3.3 percent is going to be interesting to watch

Petrol, diesel prices reduced by Rs 2.50: Duty rates have been cut on fuel, but how long can this be sustained?
Business

Petrol, diesel prices reduced by Rs 2.50: Duty rates have been cut on fuel, but how long can this be sustained?

This is a gamble which the government has taken because if prices move up further, it would not be possible to sustain these reductions as both the Centre and states are walking the tight fiscal rope

GDP at 2-year high of 8.2% in Q1: Economy is finally coming out of twin shocks, but there is a bumpy ride ahead
Business

GDP at 2-year high of 8.2% in Q1: Economy is finally coming out of twin shocks, but there is a bumpy ride ahead

Q1 GDP figures offer a booster dose to economy but it alone won't tell the whole story

MSP hike to push retail inflation by 70 bps, roil fiscal numbers, warn economists and analysts
Business

MSP hike to push retail inflation by 70 bps, roil fiscal numbers, warn economists and analysts

The government on Wednesday hiked the minimum support price (MSP) for paddy by a record Rs 200 per quintal for 2018-19. It will cost the exchequer over Rs 15,000 crore

Budget 2018: Prime Minister Narendra Modi launches political psy-op to rattle his rivals ahead of Lok Sabha polls
Politics

Budget 2018: Prime Minister Narendra Modi launches political psy-op to rattle his rivals ahead of Lok Sabha polls

Narendra Modi used the occasion of the budget presentation by Arun Jaitley to launch a “political psy-op”, to borrow a phrase used by intelligence agencies, against the Opposition.

India's pulse problem: Why the illness needs a cure beyond price support
Business

India's pulse problem: Why the illness needs a cure beyond price support

Despite the latest hike in MSP, there is a wide gap in what the farmers make by selling pulses in the open market and through the government procurement

Here's why RBI is unable to bring down inflation expectations - its roots lie in rural areas
Economy

Here's why RBI is unable to bring down inflation expectations - its roots lie in rural areas

The RBI survey covers only urban households, while the real problem may lie in rural inflationary expectations - which is where incremental food demand may be skewing the picture.

Political clock rewound; Time running out for PM-FM reforms
Economy

Political clock rewound; Time running out for PM-FM reforms

The PM and the finance minister are now up against a rewound political clock which may tend to block further reforms