Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Economy News

News on Indian Economy and Sectors, which have impacts in the market.

 
Kharif acreage gains 3.5% on year, oilseeds area falls around 3%
26-Aug-25 15:14Hrs IST

Sowing areas under all Kharif crops have almost completed and is around 98% of the normal area of about 1,097 lakh hectares or lh so far. According to the latest data released by the Agriculture Ministry, overall Kharif area stood at 1073.98 lh as of August 22 from 1038.58 lh year-ago, up around 3.50% on year.

The area coverage under Kharif season’s main cereal paddy has reached 420.41 lh from 390.80 lh a year ago, which is 7.6% higher than year ago. Area of pulses hit 112.77 lh from 111 lh year-ago, up marginally on year. Major pulses crop Arhar (pigeon peas) area fell by 1.8% on year at 43.98 lh.

The coverage of nutri/coarse cereals stood at 187.12 lh up by 6.4% on year. Maize area is up around 12% on year at 93.34 lh.

Oilseeds area stood at 182.38 lh, down by 2.8% on year. Soyabean acreage has slipped 3.8% to 120.11 lh from 124.88 lh and that of groundnut acreage dropped by 2.7 per cent to 45.30 lh. Sunflower area also tanked by 9% to 0.63 lh.

In other commodities, Cotton acreage declined 2.6% to 108.47 lh from 111.39 lh.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise