The meteorological branch expects the complete rainfall in the current season to be more than its forecast of 102 per cent of the long-period average. This has not only set the stage for a bumper harvest in the current kharif season but will also help the farm sector in the rabi season. Trade Standard opinion pieces for the day, among other things, talk approximately the prospects in the agriculture sector.
Whether the surplus output isn’t effectively managed, crop prices might collapse, particularly right through the post-harvest peak marketing season.
That would spell doom for farmers and the rural economy, argues our editorial
Prime Ministers Narendra Modi and Shinzo Abe enjoyed a near and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership, writes Shyam Saran
An estimated 21 million salaried employees have missing their jobs by the end of August, paper money Mahesh Vyas
“The recent pick-up in sectors like autos isn’t evidence of the much awaited V-shaped recovery. It reflects pent-up demand, which will fade as we go down to the true level of demand in the damaged, partially-functioning, economy.”
Former RBI Governor Raghuram Rajan