The brief
- Several pulse prices rose amid crop concerns and festive demand
- Maharashtra declared drought across the state
- Higher pulse prices may benefit Indian farm-commodity firms but raise costs for food companies
- Rabi 2026 target set at 178 MT as Centre steps up preparedness for El Nino, crop losses
- Maharashtra drought: 265 talukas affected. Could the rest of India feel it?
- Equitas SFB may raise FY27 loan growth guidance above 25%; sees limited impact from Maharashtra drought
- UN agency warns funding crisis could leave 8.3 million people without aid
- Indonesia’s Worst Fire Season in Years Tests Prabowo Budget Cuts
India’s monsoon shortfall and crop risks
Deficient and uneven rains led Maharashtra to declare 265 of 358 talukas drought-affected, while kharif crops and rainfed rabi output faced risks. India cut its FY27 foodgrain target by 2.63 million tonnes to 373.93 million tonnes; wholesale prices of key pulses rose up to 11% in a month.
Wednesday, 30 September
- 12% deficit: Rain report gives a dry reading