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Policy● Neutral for Indian equities
Cabinet likely to raise wheat MSP by ₹25 to ₹2,610 per quintal for 2027-28
The brief
- Wheat MSP for 2027-28 is likely to rise ₹25 to ₹2,610 per quintal
- Higher wheat support prices affect Indian farmers, food costs and agricultural input companies
- India's sunflower oil imports seen up 30% on duty cut, industry official says
- 12% deficit: Rain report gives a dry reading
- Edible oils duty cut: Indian govt has to balance consumers’ and farmers’ interest, says Agriculture Minister
- Pulses prices surge up to 11% in a month as festive demand, crop concerns bite
- India’s kharif crops output may be lower, crops in winter season also at risk in rainfed areas