FARM SECTOR

The US services sector faced an unexpected contraction in the last quarter, with the ISM services gauge dropping to 48.80, marking the fastest pace of decline in four years. This contrasts with the S&P Global US Services Index, which reached its hig...

Budget 2024 expectations: Experts at the meeting advocated for the consolidation of all agriculture-related subsidies for transfer through Direct Benefit Transfer (DBT) and proposed a hike in the retail price of urea, unchanged since 2018. They also...

Union Agriculture Minister Shivraj Singh Chouhan has discussed a 100-day action plan to strengthen the agriculture sector and alleviate farmer distress. The plan aims to ensure quality inputs are available to farmers, boost farm production, and enha...

The Prime Minister approved the 17th instalment of the PM Kisan Nidhi Scheme, benefiting 93 million farmers with around ₹20,000 crore. This move is seen as a boost to rural demand and consumer stocks. The new coalition government is expected to focu...

Heatwaves in north India are impacting agriculture, causing heat stress in crops and reducing yields.

The NAAS president, Himanshu Pathak, stresses the urgent need to revamp India's agricultural research and education system to address challenges like high costs, low productivity, and climate change impacts. Highlighting significant returns on resea...

Mahindra & Mahindra witnessed a 17% year-on-year increase in total wholesales, reaching 71,682 units in May. Domestic passenger vehicle sales surged 31% to 43,218 units, while exports rose 2% to 2,671 units. The Farm Equipment Sector reported a 9% r...

India's precarious balance between human ingenuity and environmental fragility is under threat as record-breaking temperatures and extreme weather events amplify the challenges faced by its vast population. The path to prosperity is hindered by clim...

Chicken prices have risen by over 25% in south and east India due to intense heat waves, water scarcity, and bird mortality. Demand remains high with increased money circulation during the elections, affecting prices across regions.

In its review, the Finance Ministry also reiterated its faith in India's ability to deal with adverse pressures from geopolitical tensions, while continuing to make progress on its growth numbers. "The positive indications in the farm sector should ...

The domestic tractor sector saw a decline in volumes in the quarter, as agricultural income was hit by patchy monsoon rains and falling reservoir levels, analysts said.

India faces environmental challenges in agriculture, but AI offers transformative solutions. Precision farming, empowered by AI and big data, optimizes resources and boosts yields sustainably. With satellite data and predictive analytics, farmers ma...

Multiple meteorological organisations are predicting above-normal rainfall during this year's southwest monsoon season in the Indian subcontinent. The India Meteorological Department (IMD) forecasts the total rainfall from June to September to be 10...

Mahindra & Mahindra reported a 13% increase in total wholesales to 70,471 units in April 2023, with total dispatches to dealers at 62,294 units. Domestic passenger vehicle sales rose 18% to 41,008 units, while exports increased by 2% to 1,857 units....

The India Meteorological Department (IMD) has predicted "above-normal" monsoon rains at 106% of the long-period average in 2024, raising hopes in the farm sector after erratic weather last year clipped the summer harvest.

Cooperation Minister Amit Shah inaugurated Bhartiya Beej Sahakari Samiti Ltd, National Cooperative Organics Ltd, and National Cooperative Export Ltd to promote organic farming, exports, and seed production. A laboratory will certify organic farm and...

NABARD conducted a meeting on Farm Sector Development in Assam, focusing on the prospects of value chain in floriculture & coffee plantations. It highlighted interventions like MEDP, FSPF. NABARD also sanctioned a Watershed Project in Derapathar vil...

The budget offers a roadmap for empowering farmers, ensuring food security, and propelling the agricultural sector towards a brighter future, said Balram Singh Yadav, managing director, Godrej Agrovet. The measures pave the way for inclusive, sustai...

The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy. Growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24. The government is ...