Indian scientists have completed final trials of a genetically modified (GM) variety of mustard and will submit a report to the government in a month.

The Japanese brokerage says the possibility of El Nino conditions is developing this year and this could possibly push food inflation temporarily higher.

The Prime Minister said that he has also asked banks to restructure loans of affected farmers and instructed insurance companies to pro-actively settle their claims.

Reports of potato farmers committing suicides have emerged from Uttar Pradesh (the largest producer) and even from West Bengal.