Kitchen staples pinch on weather, disease woes https://ift.tt/7TkzKMN changes, crop damages caused by unseasonal rainfall, and diseases in cattle have resulted in increase of kitchen staple prices, say traders. Despite the centre rolling out price-control measures, sugar, milk, jeera and dhaniya prices have soared in the last week while tur, urad and chana prices have remained firm. To fill the demand-supply gap, India is importing tur from Africa and Myanmar, while urad is imported from Myanmar.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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