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Agriculture
Monsoon rains likely below prior forecast: IMD chief

Laxman Singh Rathore, director general of India Meteorological Department (IMD), said the monsoon could start retreating this week.

 
 
Govt has also asked state-owned MMTC to float a fresh tender for import of 10,000 tonnes on Friday.
While onion prices have spiraled up to Rs 80 per kg in retail markets, online grocery stores are offering them at Rs 40-69 per kg.
The tenders invited is for arrival of onions latest by September 15 via Wagah border, Kandla, JNPT and Chennai ports.
A strengthening El Nino weather pattern trimmed rainfall raising fears of the first drought in six years.
 
 
To discourage exports, India has more than doubled the minimum export price on onions while some state governments are rationing subsidised sales.
The retail onion prices have shot up to Rs 80 per kg in the national capital due to tight supply despite the government's efforts to keep a lid on prices.
A record production of pulses, oilseeds and coarse cereals is expected on higher acreage under these crops.
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