{
iCRAFT Co., Ltd.

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}

Warmer Winter Threatens Crop Yields and Food Inflation in India

India is set to face a milder winter, raising concerns about its impact on crop yields and food inflation. Experts warn that warmer temperatures could disrupt agricultural cycles, particularly affecting wheat and other crops in Punjab and Haryana, potentially delaying the moderation of food prices. The India Meteorological Department has predicted above-normal minimum temperatures for the winter season, following a notably warm November.
Moneycontrol
iCRAFT Co., Ltd. IND Mrutyunjay Mohapatra Aditi Nayar Siraj Hussain Show more
Finance & Economy, News Article
07:39 06.12.2024

RBI Holds Repo Rate Steady Amid High Inflation and Economic Slowdown

The Reserve Bank of India (RBI) maintained the key policy rate at 6.5% amid persistent inflation above its comfort zone, while also reducing the cash reserve ratio by 50 basis points to stimulate economic activity. Economists noted that a potential repo rate cut could occur if inflation falls below 5% by December 2024.
Moneycontrol
United States Dollar iCRAFT Co., Ltd. IND Shaktikanta Das Aditi Nayar
Finance & Economy, Market Report
07:07 06.12.2024
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