Over the past few weeks, much has been written on the newly enacted farm bills, which have been termed “historic” by the proponents while “death warrant” for farmers by the opposition groups. The issues of contention range from the removal of commission agents, entry of private players, absence of price fixation mechanism among others. For […]
The current pullback in the precious metals sector is a buying opportunity. Since trading at a closing high of $2,064 an ounce on August 6, gold bullion has declined 8.34% as of this writing, says John Hathaway of asset management company Sprott Inc. Gold mining shares have followed suit, declining 9.26% since the August high.It […]
The introduction of the ‘Natural Gas Marketing Reforms’ with the objective to prescribe standard procedure for e-bidding to discover market price of gas to be sold by the gas producers is a propitious move by the Cabinet Committee on Economic Affairs. In as much as the announcements have been reformative they are also clarificatory in […]
At the very outset, allow me to dispel any lingering notion that India will replace China. That much-vaunted, zealous sabre rattling is just that – sabre rattling at worst and a distant dream at best. If at all, by all indications the economic disparity between India and China might expand, rather than contract, with time. […]
Sustainability is no longer a buzzword to please environmentalists in India, but investors are lining up to bet big money on it. ESG funds (Environment, Social and Governance) have already caught on across the globe with wealth managers not only considering financial parameters for selecting stocks in their portfolio, but also assessing the long term viability […]
The existing mandi system was designed at a time when India needed basic infrastructure for selling agricultural produce. The system has done well and created a structure for aggregation, storage and trading of agricultural commodities. However, due to various factors, there is a huge price difference for a commodity in various regions across the markets. […]
The agricultural ecosystem has been stagnant for too long, and quite frankly, developmental efforts were predominantly focused on production growth. Even with an inverse relation emerging between farm production and farmers income – higher the production, lower the income coupled with acute wastage of resources – little changed besides some incremental revisions. The post-production phase […]
For long considered a barometer of global industrial growth, copper’s fortunes have seen sharp reverses this year. Despite rebounding by around 50% since hitting an over four-year low in March, volatility in the metal appears set to continue in the near term. The red metal hit a soft patch again this week as US Federal Reserve […]
Just when India was expecting a strong monsoon season would produce a bumper summer season crop, there is a twist in the tale. Heavy monsoon rains are expected to revive at a time when usually the seasonal clouds start to withdraw from over the subcontinent. The development comes due to a well-marked low pressure area […]
The rain god’s bounty with the seasonal monsoon has lightened the sombre mood in the Indian economy, stirring hopes of a demand pick up during the upcoming festival season. After an exceptionally wet monsoon season between June and end-August that saw rainfall at 107.5% of the long period average, rains have petered out again in September. But the […]
