Latest news with #SanjeebMukherjee
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Business Standard
7 days ago
- Business
- Business Standard
Work demand under MGNREGA job scheme increased by 4.2% in May, shows data
Data shows that historically, May is a month when MGNREGA work demand is among the highest as traditional activities around agriculture weaken due to the lean cropping season Sanjeeb Mukherjee Listen to This Article Around 28.32 million households sought work under the flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme in May, which was 4.2 per cent more than the same month in the last financial year. Data shows that historically, May is a month when MGNREGA work demand is among the highest as traditional activities around agriculture weaken due to the lean cropping season. Sequentially, data shows that work demand in May this year is among the highest in the past eleven months.
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Business Standard
06-05-2025
- Business
- Business Standard
Onion prices fail to rise much despite lifting of Sep 2024 export curbs
Last month's lifting of an export duty of 20 per cent, imposed in September 2024, came too late as the export market had already been captured by the Pakistani crop Sanjeeb Mukherjee New Delhi Listen to This Article Onion prices in the wholesale markets of Lasalgaon and Pimpalgaon in Nashik district of Maharashtra had dropped by almost 32-34 per cent by middle of April since the start of the month despite the central government lifting a September 2024 export duty of 20 per cent. While wholesale prices have recovered some lost ground since late April, and are now trading at around Rs 1150-1200 per quintal in both markets, the current levels are still lower than the price before the duty was lifted. Lasalgaon and Pimpalgaon markets are considered the benchmark when it comes to onion pricing and the
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Business Standard
04-05-2025
- Business
- Business Standard
Pahalgam terrorist attack: 'Non-kinetic' arrows in quiver to counter Pak
Experts suggest diplomatic manoeuvres to put Pakistan back in FATF 'grey list', regulate information on hydrological data to the lower riparian and convincing friends like Saudi, UAE to block aid Archis Mohan Sanjeeb Mukherjee Delhi Listen to This Article After the terrorist attack in Pahalgam on April 22, India's diplomatic response to Pakistan has focused on 'non-kinetic' measures: suspending the Indus Waters Treaty (IWT), curtailing water flow through the Baglihar dam on the Chenab river, banning imports, and shutting ports for Pakistan-owned ships. India is also set to red-flag the International Monetary Fund's (IMF's) fresh $1.3 billion loan tranche for Pakistan, expected to be taken up by its board at its meeting in Washington on May 9. New Delhi plans to sensitise other global entities and lenders — like the World Bank — on their engagements with Islamabad.
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Business Standard
29-04-2025
- Business
- Business Standard
Prices of vegetables, fruits stable in April despite high temperatures
The CPI based-inflation rate dropped to 3.34 per cent in March 2025, which was the lowest since August 2019 Sanjeeb Mukherjee Listen to This Article Prices of major vegetables, fruits and cereals have remained stable in April despite searing temperatures across most parts of North India. Barring a few crops like tomatoes and brinjal, prices of most major vegetables fell in April in Delhi's Azadpur market. Among cereals, data sourced from the Department of Consumer Affairs show that prices of both wheat and wheat flour have declined due to bumper harvest. A drop in food prices should go a long way in keeping retail inflation further under check. The CPI based-inflation rate dropped to 3.34 per cent in March 2025, which was the lowest since
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Business Standard
23-04-2025
- Business
- Business Standard
Trump's tariff war helps India's edible oil prices soften by 7-8%
Sharp drop in crude oil rates over fears of a recession contributed to softening of the global edible oil markets Sanjeeb Mukherjee Subhayan Chakraborty New Delhi Listen to This Article One of the few positives for Indian consumers of US President Donald Trump 's sweeping tariffs on foreign trade partners is the drop in landed price of key edible oils in India in the last few weeks. Ever since the Trump administration hiked tariffs on imported items earlier this month, the landed price of palm oil in India, both in crude and refined forms, have softened by almost 7-8 per cent, trade data suggests. Landed price of crude soybean oil, the other major variety of edible oil imported by India, has also dropped by almost $48 per tonne between