Eye On India

Farm Uneasy | Despite government push, three crops a year still a distant dream for Punjab 

Non-assurance of a Minimum Support Price (MSP) for their produce, low market prices and government procurement plus lack of storage options are driving Punjab farmers to stay away from sowing a third annual crop.

Farm Uneasy | Two-fold rise in production costs jar farmer profits

A two-fold rise in production costs in the past few years is eating into farmers' profits, bringing down their gains to a significantly low amount. This has been specially devastating for small farmers, which amount to 85 percent of farming community of the country.

Farm Uneasy | Government's concerted push for eco-friendly nano urea finds few takers in Punjab, Haryana 

Nano urea, a nanotechnology-based farm nutrient, is being plugged as solution to deteriorating soil health in Punjab and Haryana, but farmers remain leery of adopting it. 

Farm Uneasy: Despite push towards access to formal credit, most farmers continue to rely on middlemen for loans

To meet their growing expenditure, from daily needs and health emergencies to weddings and sending their children abroad for studies, farmers rely on Arhtiyas despite the heavy interest they pay. Arhtiyas remain crucial for the farm economy of Punjab and Haryana 

Farm Uneasy | Generational gift for farmers of Haryana & Punjab: Debt

Farmers of both Punjab and Haryana remain weighed under heavy debts as it rises many folds from one generation to another. Moneycontrol went to several districts of the two states and spoke to a host of farmers to get an assessment of the situation on ground.

Farm Uneasy | Battered by freak weather, Punjab and Haryana farmers losing hope

Successive crop failures due to rising temperatures and unseasonal rain and hail have dealt a body blow to farmers. Moneycontrol travelled through the ravaged districts of Punjab and Haryana to bring you this ground report

PM Modi inaugurates Chennai airport's new terminal building

Each and every design integrated into the building is well thought out. The columns are designed to create the visual effect of a palm tree, ceilings are adorned with motif lights, reflecting the Kolam (Rangoli) patterns of South India, and the roof design is derived from Bharatnatyam, the Airports Authority of India (AAI) said.

Central Vista: PM Modi’s Surprise Inspection Of New Parliament Building| Here’s A Look At Its Features

Prime Minister Narendra Modi made a surprise visit to the new Parliament building and inspected various works as well as interacted with construction workers. The building construction is in full swing. It is being built alongside the existing parliament building. The new building will have a built-up area of about 65,000 square metre. Watch to know how it will look and what are its features?

How the UK visits of Rahul Gandhi and Indira Gandhi have striking similarities

Unlike his grandmother and former India PM Indira Gandhi, Congress leader Rahul Gandhi did not face demonstrators, though India’s high-pitched political battle has raised the profile of Rahul’s UK trip, which the BJP has capitalised on.

Excise case: ED questions Manish Sisodia in Tihar Jail; one more businessman arrested

The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai on Monday evening, they said. The ED investigators reached the Tihar Jail to record the statement of Sisodia under the Prevention of Money Laundering Act (PMLA).

Ashok Gehlot presents 'wrong' Budget in Rajasthan Assembly | BJP creates ruckus

In a major goof-up, Rajasthan Chief Minister Ashok Gehlot on February 10 read out excerpts of the previous budget instead of Budget 2023-24. As soon as the chief minister made the first two announcements, which featured in Budget 2022-23, the Opposition began creating a ruckus and stormed into the well of the House. Many leaders like ex-CM Vasundhara Raje also took a jibe at Gehlot's mistake. Watch for more.

Support to IMF’s $2.9-bn bailout for Sri Lanka helps India firm up standing in island nation

India’s move has forced China also to support the debt revamp plan for Sri Lanka

In Pics | 600 families to be evacuated amid Joshimath sinking incident

Alleging that the Himalayan region is being ruined systematically in the name of development, the Shankaracharya said the life of thousands of people in the border town is in danger.

Covid test must for fliers from China, Japan, South Korea, Hong Kong and Thailand

The current surge in Covid-19 infections is believed to be driven by Omicron sub-variant BF.7. In India, four cases of the variant have been detected so far.

Data law will be passed and implemented ‘much before’ 2024 general elections

Expect a world-class framework, some exceptions for the government, and financial penalties on misuse of data, says Rajeev Chandrasekhar on Personal Data Protection Bill

MC Interview | Bank of Baroda’s chief economist on recent RBI measures

"The measures invoked by the RBI on the capital account have the potential to increase foreign inflows and strengthen the balance of payments. The amounts have to be large to counter the current account deficit which will in turn stabilise the rupee."

Live: ONDC | When will you be able to access the network from your smartphone? CEO T Koshy answers

In this exclusive interview, Open Network for Digital Commerce CEO and MD T Koshy answers when the network could be available in your city, why it’ll be a game-changer in the e-commerce space and why it’ll be inevitable for e-commerce giants to join it, thus enabling the consumer to have all apps on one single network.

Rupee hits fresh record low as oil boils and FIIs keep dumping stocks

The rupee opened at 78.50 a dollar and touched a fresh record low of 78.68. At 10.40am, the home currency was trading at 78.65, down 0.4% from its previous close of 78.35.

Tepid listing of LIC shares leaves investors poorer by over Rs 50,000 crore

At close, the stock settled at Rs 872.70 on the BSE, down 8.04% from issue price of Rs 949, while its mcap stood at Rs 5.52 trillion

Investors pivoting from growth to value stocks as US Fed looms: Chris Wood

"Since mid-November, value stocks have outperformed growth stocks by 16.1%"

India’s business resumption hits fresh record high: Nomura

The Nomura India business Resumption index touched yet another high of 119.8 for the week ended 26 December versus 116.4 in the prior week.

CoWIN will accept school ID of children for vaccination: RS Sharma

In a significant move, Prime Minister Narendra Modi said on December 25 that India would start giving a third 'precautionary dose' to healthcare and frontline workers and those above 60 with comorbidities from January 10. Children aged 15-18 will also be eligible for vaccination. RS Sharma, the CEO of National Health Authority and CoWIN platform chief spoke to Moneycontrol's Chandra R Srikanth on the preparedness at the backend.

Why FMCG, two-wheeler & tractor sectors are hoping for a normal monsoon

As the pandemic eats into India Inc’s top & bottom line growth, the Met department’s prediction of a normal rainfall has provided the much-needed proverbial light at the end of the tunnel. A normal rainfall would mean a good harvest translating into a higher rural income which, in turn, would spike up the demand for consumer goods, two-wheelers and tractors and a host of other industries.

Moneycontrol Masterclass | How can India bounce back after second wave?

The second wave of the COVID-19 pandemic has derailed India's growth momentum, with its full-year GDP contracting for the first time in four decades. India's consumer confidence index, too, fell to a record low of 48.5 in May 2021 from 53.1 in March 2021, according to the Reserve Bank of India, as respondents turn pessimistic about their prospects going forward. In fact, an estimated 10 million Indians have lost their jobs because of the COVID-19 second wave, with household incomes, too, coming under pressure, according to data from CMIE. Against this backdrop, how can India march toward its ambitions of becoming a $5 trillion economy by 2025? What should the Government do to ensure a bounce back and recovery? What policy prescriptions does India need to rise to its full potential? Will an accelerated vaccination drive help? Three of India Inc's most respected business leaders and policymakers share their blueprint for recovery on this edition of Moneycontrol Masterclass.