As India was locked down due to the first wave of Covid, economic activity ground to a halt. That led to a high fiscal deficit of 9.5% in FY21. The fiscal deficit for FY22 is likely to be in the region of 6.3-6.4% against the initial estimate of 6.8%, thanks to a pick-up in economic activity after the second wave of Covid.
The RBI Governor Shaktikanta Das-led MPC is expected to raise the policy rate by another 50 bps to 5.9% as retail inflation remained elevated above the RBI’s threshold of 6%.
The US-based Corteva Agriscience, a $15.56 billion pure-play agriculture firm, to strengthen its existing offshore services outsourcing and contract manufacturing for global supplies from India.
MOU will reduce both supply and price volatility and ensure a stable long-term supply of Potassic fertiliser to India. Canpotex will supply up to 15 LMT of potash annually for three years.
The sale of Central Electronics Limited was approved to Nandal Finance worth ₹210 crore in November last year.
The RBI Governor Shaktikanta Das-led MPC is expected to raise the policy rate by another 50 bps to 5.9% as retail inflation remained elevated above the RBI’s threshold of 6%.
The US-based Corteva Agriscience, a $15.56 billion pure-play agriculture firm, to strengthen its existing offshore services outsourcing and contract manufacturing for global supplies from India.
MOU will reduce both supply and price volatility and ensure a stable long-term supply of Potassic fertiliser to India. Canpotex will supply up to 15 LMT of potash annually for three years.
The sale of Central Electronics Limited was approved to Nandal Finance worth ₹210 crore in November last year.
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