ilmscore | 02 September Economic Current Affairs 2024 | Economics Daily Current Affairs | Avinash Sir Ecoholics

02 September Economic Current Affairs 2024 | Economics Daily Current Affairs | Avinash Sir Ecoholics

Published: 2024-09-02
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
India is expected to receive 109% of the long period average rainfall in September, potentially leading to lodging due to heavy rains and strong winds, influenced by La Niña conditions.
"September rainfall predict right it is predicted it is expected to be 109% of the long period average of 40 50 years... and that L Type condition it brings heavy rainfall in India it brings higher rainfall in India right and that is what we are expecting"
Weather/Agriculture (India)
Pending
Good production of Kharif crops (cereals, pulses, oil seeds, sugarcane, cotton) due to above-average rainfall is expected to lead to lower food prices in India.
"so far as our kif crops are concerned... we are expecting that because of normal rainfall in fact above average rainfall we are expecting that these crops Supply will be good production will be good so low prices in the food basket can be expected because since production is good prices should be on the lower side"
Food Prices (India)
Pending
Cereal prices will be benign, and most pulse varieties' prices are likely to moderate due to higher sowing, according to Pusan Sharma (Director at Chrysal Limited).
"Pusan Sharma... is saying that serial prices will be benign going ahead and prices of most varieties of pulses they are likely to moderate due to higher sewing"
Food Prices (India)
Pending
Tomato and potato prices are expected to cool down in the coming months due to higher production and liquidation of cold storage stocks. However, onion prices may remain a 'sticking point' throughout September due to a subpar crop.
"Pusan Sharma is saying is that tomato and potato will cool in coming months due to higher production and coal stores liquidating stocks... throughout the September month onion may be a sticking point but otherwise we should have U you know cooling down happening in our prices"
Food Prices (India)
Pending
If food and beverage prices cool down, India will be able to reduce interest rates, which could lead to increased investment, job creation, production, and GDP growth.
"so India we will be able to reduce the interest rate if we are able to reduce the interest rate we can increase investment if we are able to increase investment job creation production GDP growth rate they can all go in the right direction"
Indian Economy
Pending