These latest entrants in HMSI’s robust two-wheeler line-up are set to redefine the riding experience for Indian customers. The Honda CB125 Hornet has been designed keeping the aspirations of young, urban riders in mind. Showcasing an aggressive street-style design, it boasts a muscular fuel tank with sharp shrouds, stylish muffler, and four striking colour options that enhance its road presence. They are – Pearl Siren Blue with Lemon Ice Yellow, Pearl Igneous Black, Pearl Siren Blue with Athletic Blue Metallic, and Pearl Siren Blue with Sports Red.

The motorcycle’s premium appeal is further elevated by its first-in-segment golden USD front forks and 5-step adjustable mono-shock absorber for superior handling. Packed with advanced features, the CB125 Hornet comes equipped with an all-LED lighting system including a signature twin-LED headlamp with DRLs and high-mounted turn indicators. It also gets a 4.2-inch TFT display with Bluetooth-enabled Honda RoadSync connectivity for seamless access to navigation, calls & SMS alerts.

Additional features of the motorcycle such as a Universal USB Type-C charging port, side-stand indicator with engine inhibitor, and a 240mm petal disc at the front with single-channel ABS add to both convenience and safety. Powering the all-new CB125 Hornet is a 123.94cc, single-cylinder, fuel-injected, OBD2B compliant engine that churns out 8.2 kW of power at 7500 RPM and 11.2 Nm of peak torque at 6000 RPM. The engine comes paired with a 5-speed gearbox. It can sprint from 0 to 60 km/h in just 5.4 seconds, making it the fastest motorcycle in its class.

The Honda Shine 100 DX carries forward the iconic ‘Shine’ legacy with a refreshed, premium design tailored for everyday commuting. It features a newly designed headlamp with elegant chrome garnishing, sculpted wide fuel tank, attractive body graphics, and all-black engine & grab rail, accentuated by a chrome muffler cover. Its long seat ensures maximum comfort for both rider and pillion, making it an ideal daily companion.

Equipped to meet the evolving needs of customers, the new Shine 100 DX comes with a digital LCD instrument cluster displaying real-time mileage, distance-to-empty, and service due reminders. It is offered in four vibrant colour options. They are – Pearl Igneous Black, Imperial Red Metallic, Athletic Blue Metallic, and Geny Gray Metallic.

At the heart of the Shine 100 DX is a 98.98cc single-cylinder, fuel-injected, OBD2B-compliant engine with Honda’s trusted eSP (Enhanced Smart Power) technology that produces 5.43 kW of power at 7500 RPM and 8.04 Nm of peak torque at 5000 RPM. The engine comes mated to a 4-speed gearbox. This motorcycle is equipped with telescopic front forks, 5-step adjustable rear shock absorbers, drum brakes with Honda’s Combined Braking System (CBS), and a high ground clearance to ensure confident handling on varied Indian road conditions.

Honda CB125 Hornet, Shine 100 DX: Price and Availability

The all-new Honda CB125 Hornet has been launched at a limited-period introductory price of
Rs. 1,12,000 while the Shine 100 DX has been priced at Rs. 74,959, all prices ex-showroom Gurugram (Haryana). Bookings for these motorcycles are now officially open. Customers can book these brand-new motorcycles from Honda either online by logging onto the company website (https://www.honda2wheelersindia.com/) or offline by visiting their nearest Honda authorized dealership. Deliveries of both these new motorcycles will commence from mid-August 2025 in a phased manner, marking the beginning of an exciting new journey for Honda riders across the country.

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This minimal price correction follows the company’s ongoing efforts to absorb a significant portion of the steep rise in foreign exchange rates through increased localization initiatives

However, lower interest rates would ensure that customers face only a marginal increase in their Equated Monthly Instalments (EMIs)

The first price correction comes into effect from 1st June 2025, followed by a nominal 1.5% increase from 1st September 2025

• Mercedes-Benz adopts a two-stage deferred price correction for its customers w.e.f. from June and September 2025
• Forex rates increased steeply by 10% over the last four months, hiking the price of components and CBU products
• Mercedes-Benz India is passing only a marginal portion of the steep price increase to customers, as it continues to deepen localization initiatives
• Mercedes-Benz Financial Services (MBFS) has planned innovative financing solutions that will minimize any cost impact on customers
• Price corrections will range from Rs. 90,000 for a C-Class to Rs. 12.2 lakhs for the Mercedes-Maybach S 680
• The second phase of the price correction to the tune of 1.5% will be effective from 1st September 2025  
• Mercedes-Benz Financial Services’ innovative schemes will ensure the monthly EMI outflow for customers remains largely unchanged, despite the price revision  

PUNE: India’s most desirable luxury carmaker, Mercedes-Benz India, today announced an innovative two-stage price revision of the ex-showroom prices of its model range, effective from 1st June and 1st September 2025. This staggered price revision offers customers the flexibility to plan their purchases that match their financial outlay. The price revision is triggered by a steep increase in forex rates since January 2025, severely impacting the cost structure of components and products, specifically the CBUs. Mercedes-Benz India is passing on only a marginal portion of the cost increase to the customers, as it continues to increase localization efforts. Although Mercedes-Benz has continued to absorb this steep cost increase so far, it is now compelled to pass on minimal costs to the market to offset the impact on operational expenses and maintain business sustainability.

Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, shared:

Ex-showroom prices effective from 1 June 2025:

Ex-showroom prices effective 1 September 2025:

There will be an “On top” Price increase up to 1.5% w.e.f. 1^st September 2025.

Minimizing customer impact:

This two-stage price revision announcement allows customers to plan their purchases and finance schemes that best suit their requirements, instead of facing a steep upward price revision owing to the current pricing challenges in the market. In addition, the innovative and value-added services from Mercedes-Benz Financial Services, like reduced EMI, partial ownership via STAR AGILITY, will significantly reduce any impact on customers’ cash flow, elevating their ownership experience. These schemes will ensure that the monthly EMI outflow for Mercedes-Benz customers will remain largely unchanged despite the minimal price revision, thereby minimizing the impact on their expenses. For models like the GLA and GLC, the EMI difference will be less than Rs. 2,000.

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INDIA: With gold prices at an all-time high, Tanishq, India’s largest jewelry retail brand from the House of Tata, presents its ‘Tanishq Gold Exchange Program’, offering customers an unparalleled opportunity to maximize the value of their gold. Whether it’s tiny, forgotten fragments tucked away in a locker or heirloom pieces collected over generations, Tanishq welcomes every piece—no matter how small—and transforms them into jewelry that reflects today’s aspirations. At the heart of Tanishq’s Gold Exchange Program lies the Tanishq Exchange Advantage, built on 100% Transparency, Zero Deduction, and the Best Gold Rate Available.

This initiative is designed for those who see jewelry not just as an ornament but as an evolving expression of their style and milestones. Brides-to-be can now exchange decades of accumulated gold for breath-taking wedding jewellery, crafted with Tanishq’s craftsmanship and unique designs. Customers can also exchange their old gold for natural diamonds, elevating their collections with rare and timeless brilliance. With no deductions on 22K and above for pure gold and 21K and above for studded jewelry, customers benefit from a seamless and honest process, reinforced by on-the-spot Karatmeter testing and melting for complete accuracy.

The Tanishq Gold Exchange Program, valid across all Tanishq stores, comes at a pivotal time when customers are planning their gold purchases for the wedding season and festive occasions. Whether it is a bride-to-be looking to transform family heirlooms into bespoke bridal jewelry, a smart investor seeking the best value, a trend-conscious shopper upgrading to contemporary designs, or a connoisseur of craftsmanship in search of timeless elegance, this initiative caters to every need. Even the most delicate or outdated gold pieces can be repurposed into contemporary, everyday elegance, proving that no piece is ever too small to hold value. With a legacy of trust and craftsmanship, Tanishq has already helped over 1 lakh brides create their dream wedding jewelry and facilitated the exchange of 1,70,000 kg of old gold nationwide. As part of the Festival of Exchange, this program is more than just an offer—it’s an invitation to reimagine, reinvent, and celebrate jewelry in a way that resonates with today’s aspirations. Now is the time to unlock the true potential of your gold, no matter how small, and give it a new life with Tanishq.

Speaking on the initiative, Arun Narayan, VP, of Category, Retail and Marketing, Tanishq, Titan Company Ltd, said “In times like these, when gold prices are scaling new heights and wedding budgets need careful planning, Tanishq’s Old Gold Exchange program has been a beacon of joy for families across India. Over 1 lakh brides have sparkled on their special day in Tanishq’s wedding trousseau by simply exchanging old gold—of any condition, bought from any jeweler. Every Tanishq boutique is equipped with skilled karigars, advanced equipment, and a transparent purity check and melting process, ensuring you get the best value for your old gold. Exchange it for the dazzling wedding jewelry you’ve always dreamed of. Walk into any of our 500 stores to turn your old gold into new jewelry for your dream wedding!”

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However, volatility has two sides of the same coin. While high prices lead to a particular set of difficulties, low prices come equipped with a specific set of challenges as well. While it is majorly understood that purchasing products at low prices is beneficial, it also creates difficulties for exporters. In the Indian Basmati rice export sector, this directly translates into recurring losses, the long-term impact of which is passed onto the grassroots stakeholders as well. In such scenarios, grassroots stakeholders like farmers have to go through difficulties, affecting their product viability.  As Basmati rice gradually becomes one of the most premium agricultural products globally, price dispersion directly translates towards increased competition, reduced orders, pricing instability, and supply chain disruptions.

Price Dispersion of Basmati Rice

Before discussing the price metrics of Basmati rice in detail, it is important to understand that market prices rely on numerous factors, many of which cannot be adjusted. Since Basmati rice is grown in India and Pakistan, exports prioritize ensuring quality and other strategic factors. For instance, if product quality is compromised by any means, it leads to a difficult situation for the exporters. Combined with the price volatility of commodities, Basmati exporters remain incapable of price adjustments owing to risks regarding losing market positioning. Additionally, when Indian exporters increase the prices of the country’s Basmati rice for the international market, buyers turn their attention towards neighboring Pakistan-based exporters — leading to an effect on Indian Exports. Whenever Basmati prices have increased in the international markets in recent years, Indian export houses have been impacted negatively by fewer orders, impacting their seasonal profitability.

While significant price increases hurt Basmati exports from India, partial price hikes have a more favorable outlook. Simultaneously, significant reductions in Basmati prices lead to setbacks for all stakeholders. While consumers can purchase it at reduced prices, grassroots stakeholders like farmers and mandi sellers are faced with difficulties, becoming unable to receive appropriate prices. 

General impact

The Basmati rice export ecosystem faces increased difficulties when price volatility occurs. International prices of Basmati rice closely influence purchase prices, which is why Basmati price surge or reductions directly affects both exporters and farmers. Similarly, price hikes negatively impact consumers, limiting their ability to purchase this premium agricultural product. As consumers limit their purchase of Basmati rice in the international markets, the lowered demand also impacts the supply chain, limiting exporters to book orders and farmers with reduced selling prices. The subsequent difficulty in the market creates a negative outlook, an aspect that has the potential to impact consecutive seasons.

These difficulties lead exporters to seek ideal conditions during the sourcing and export, since balanced prices help to enhance order bookings, ensuring fair trade. This scenario also supports the Indian economy significantly, helping to reduce trade deficits and helping earn foreign currencies. Furthermore, ideal conditions also help farmers to receive ideal prices, whereas consumers are empowered to purchase any amount of their liking. For instance, Indian Basmati exporters in FY 23-24 were able to trade 5.24 million tonnes of Basmati rice, a significant increase from 4.56 million tonnes in the previous year.

Future projection

While India produces the vast majority of Basmati rice in the world, it is looking to acquire a GI tag for the same in the coming years. Apart from the GI status, market price stabilization will be a catalyst for maintaining scalability and financial gains for stakeholders across levels. This will also directly translate into balanced prices, enhancing the ability of consumers to make purchases, and leading to the growth of the sector. However, ensuring quality and streamlined logistics will be key concerns, aspects that will drive sectoral growth of all stakeholders — exporters, consumers, and farmers.

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Mumbai 13 June 2024 – Inflation, the gradual increase in the general prices of goods and services, erodes the purchasing power of money over time. For investors seeking to preserve and grow their wealth amidst inflationary pressures, real estate has emerged as a popular hedge against this dreaded but inevitable dynamic, finds ANAROCK research.

Shobhit Agarwal, MD & CEO – ANAROCK Capital, says, “After the 2019 elections, average residential prices across the top 7 cities have appreciated at a Compound Annual Growth Rate (CAGR) of 6% – rising from INR 5,600/sq.ft. in June 2019 to INR 7,550/sq.ft by the end of FY 2024. A similar trend was witnessed concerning the 2014 elections. Average prices across the top 7 cities saw an annual rise of over 6% in 2014 when compared to the preceding year – from INR 4,895/sq.ft in 2013 to INR 5,168/sq.ft in 2014.”

Price growth over the last three elections

Conversely, before the 2019 elections, average prices rose by a mere 1% annually and remained rangebound during the tenure.

Source: ANAROCK Research, Data for Top 7 cities

Supply – Demand Dynamics

In the last decade, there were periods when the supply of real estate exceeded demand, resulting in stable price growth that kept pace with inflation in the pre-pandemic era. Between 2013 and 2020, the top 7 cities recorded a cumulative supply of 23.55 lakh units against a demand of 20.68 lakh units.

Gradually, demand rose in tandem with new supply. Available inventory peaked at approx. 8 lakh units by the end of 2016. However, following the pandemic, residential real estate saw a rapid recovery, leading to significant price growth that has outpaced general inflation.

Source: ANAROCK Research, Data for Top 7 cities

Real estate – a hedge against inflation

Inflation, the gradual increase in the general prices of goods and services, erodes the purchasing power of money over time. For investors seeking to preserve and grow their wealth amidst inflationary pressures, real estate has emerged as a popular hedge against this dreaded but inevitable dynamic.

Steady population growth coupled with urbanization consistently fuels housing demand. As more people migrate to cities for better opportunities, rising residential demand exerts upward pressure on prices.

Moreover, real estate investments can generate rental income, which potentially grows over time in response to inflation. As the cost of living rises, landlords typically adjust rental rates. Also, investors can leverage their real estate assets to borrow funds for further real estate acquisitions.

During inflationary periods, the cost of borrowing (interest rates) typically rises. However, investors who have secured fixed-rate financing before inflationary pressures set in can benefit from lower borrowing costs in real terms, enhancing the profitability of real estate investments.

“Real estate investments offer diversification benefits within a portfolio,” says Agarwal. “Unlike financial assets such as stocks and bonds, which may be negatively impacted by inflationary pressures, real estate – including residential, commercial, and retail – provides a tangible asset with intrinsic value. Diversifying investment portfolios with real estate holdings can mitigate overall portfolio risk and enhance long-term returns.”

Residential real estate prices have risen continuously since 2013, and in the last two years, appreciated at a CAGR of 13% while CPI inflation moderated by 1.3% on an annual average basis to 5.4% at the end of FY24. This trend signifies a clear outperformance of real estate prices compared to inflation.

Source: ANAROCK Research, RBI

With tangible real estate, in response to growing investor demand for inflation protection, financial instruments such as real estate investment trusts (REITs) and inflation-linked bonds have gained popularity. REITs, which invest in income-generating real estate, offer investors exposure to the real estate market coupled with liquidity and diversification benefits. Similarly, inflation-linked bonds adjust their principal and interest payments based on changes in inflation rates.

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Crafted by The Other Half, a boutique creative and production agency, each narrative in these campaigns ingeniously brings to light the suppressed feelings of distress and inconvenience encountered by commuters when they’re unable to secure immediate transportation. These stories vividly illustrate the emotional rollercoaster of the wait, emphasizing the urgent need for prompt and low-price conveyance.

The Rapido Cab campaign presents Rapido’s offerings as the hottest news in town in a hilarious manner. Promising commuters ‘Lowest price guaranteed’, the campaign ensures the lowest price or else double money in your wallet. Each film in the series depicts an eventful scenario where a taxi is urgently needed. However, the comedic essence lies in the overshadowing of these events by Rapido’s lowest price guarantee offer.

In Rapido’s auto-focused campaign, “5 nahi toh 50”, the brand puts a humorous spin on the trope of doctors recommending products in traditional advertising. The campaign highlights the frustration experienced by female commuters when they cannot readily find an auto-rickshaw. In these lighthearted films, a doctor abruptly prescribes Rapido as the ultimate solution, surpassing regular auto-hailing apps. Rapido guarantees an auto will arrive within 5 minutes, or the customer receives 50 rupees in their wallet. This ensures Rapido provides swift and dependable transportation for its customers.

The brilliance of these campaigns lies in their relatability and exaggerated depiction of these shared experiences, resonating deeply with audiences. The incorporation of fun and catchy jingles, such as ‘Guarantee pe guarantee, lowest price guarantee,’ and ‘5 nahi toh 50’ further enhances the humor and memorability of the messages conveyed.

Pavan Guntupalli, Co-founder of Rapido, emphasized that “Our campaigns are crafted around fundamental category truths, showcasing the unique aspects of our offerings. The campaign will enable us to dial up brand preference. By crafting captivating stories (category truths) that resonate deeply with our users, we’re poised to establish Rapido as the undisputed leader in convenient, affordable, and reliable transportation solutions.

Arjuna Gaur, Film Director, commented, “Our Rapido campaigns tap into the frustration of waiting for a cab or an auto, especially in crucial moments. We highlight the importance of timely transportation and aim to connect emotionally with our audience. By adding humor and relatability, we turn mundane experiences into memorable stories. The catchy jingles, like ‘Guarantee pe guarantee, lowest price guarantee,’ and ‘5 nahi toh 50’ reassure consumers that Rapido understands their needs and is dedicated to providing affordable rides.”

The 360-degree campaigns are promoted on key platforms like Jio Cinema, Connected TV, and Star Sports, supported by a comprehensive strategy covering Television, Digital, Print, and BTL. This plan targets diverse audiences in Kannada, English, Hindi, Tamil, Telugu, and Marathi, helping Rapido establish itself as the top choice for hassle-free city travel during the IPL season and beyond.

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NEW DELHI: Further to Panasonic’s recent ground-breaking advancement i.e., India’s First Matter-Enabled Room Air Conditioners (RACs)* powered by Miraie, Panasonic Life Solutions India (PLSIND)- a leading diversified technology company, today, announced its 2024 line-up of Air Conditioners, including the latest range of Matter-enabled Room Air Conditioners (RACs). Responding to the sharp increase in demand for cooling appliances, Panasonic’s has introduced 60 new models across its complete range of ACs. These new models are available for consumers across all leading outlets, e-commerce platforms and on the Panasonic Brand Store at https://pnsnic.com/AC_p_r. Panasonic range of Air Conditioners equipped with Matter protocol is available in 1.0, 1.5- and 2.0-tons models.

Fumiyasu Fujimori, Managing Director, PMIN, Panasonic Life Solutions India said, “Our recently commissioned study ‘Panasonic’s 2024 Young Parents Everyday Life Concerns’ highlighted multifaceted considerations of consumers when dealing with AC-related issues- extending beyond basic cooling, i.e., indoor air hygiene, efficiency and technological integration (connectivity). We developed and manufactured our new range of ACs, keeping the evolving needs of our consumers in mind. The new line-up of ACs, comprising of India’s first Matter-enabled RACs will not only provide inter-operability but, is simple to use, reliable and secure. By seamlessly connecting with other Matter-certified devices and platforms, they will facilitate a smarter and more efficient use of energy, optimizing comfort while minimizing environmental impact. With this, Panasonic takes a significant leap in innovation, ensuring flexibility, and convenience for consumers in the smart appliances’ realm.”

Abhishek Verma, Business Head, Air Conditioners Group, PMIN, PLSIND said, “At Panasonic, Air Conditioners are an important growth engine for our consumer durables division and in this competitive market, we consistently innovate in line with changing consumer preferences. From Indoor Air Quality, energy conservation, connectivity to further building on the convenience aspect, we have now integrated Matter (in our RACs) with our Miraie platform to redefine the smart home experience. Matter provides inter-operability and is simple to use, reliable and secure. In short, a Panasonic Air Conditioner equipped with Matter technology is easily managed using the Miraie platform or, any other Matter- compatible platform. Similarly, any other Room Air Conditioner brand that is compatible with Matter is easily controlled through the Miraie platform. We are expecting a robust demand for ACs this season and are hoping to grow by 40% compared to last AC season.”

With an expertise of over 65 years in developing Air Conditioners, Panasonic’s new range of ACs are tech-enabled and are designed to deliver Cooling, Quality (reliability) and a Connected experience to redefine smart living.

• Cooling performance is ensured through technologies such as Jetstream, Converti7 (7 different cooling performance modes) Aerowings, and 4-Way Inflow to deliver higher Cubic Feet per Minute – the volume of air circulated in a minute by an AC (higher CFM indicates better cooling). This coupled with Panasonic’s nanoeX and nanoe^TMG technologies, helps ensure a healthy indoor AQI by eliminating PM 2.5 particulate matter, dust particles, bacteria, and viruses.  
• Quality and Reliability are guaranteed through technologies such as inverter, ECOTOUGH, ShieldBlu+, ECONAVI (for energy optimization), AG Clean+, and Crystal Clean to name a few.
• Connectivity for smart living comes with technologies such as Matter -an open-source connectivity standard that enables seamless interoperability across smart devices, powered by Miraie – Panasonic’s connected living platform and True AI (Artificial Intelligence – automatically adjusts the AC settings/parameters for comfort cooling). Delivering on its ‘Make in India’ commitment, all Panasonic ACs are manufactured at our Technopark plant in Haryana.

The new Matter enabled RAC can be availed from:

Amazon – Panasonic Model No. CS/CU-HU12AKYF

Flipkart – Panasonic Model No. CS/CU-HU12AKYF

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NEW DELHI: Magicbricks, India’s leading real estate platform, released its flagship PropIndex Report OND which observed that property prices across 13 prime cities increased 18.8% YoY and 3.97% QoQ between Oct-Dec 2023. Notably, Gurugram (32.1% YoY), Greater Noida (31% YoY), Noida (26.1% YoY), and Hyderabad (15.8% YoY) exhibited the highest appreciation during this period.

Drawing insights from the behavior and preferences of over 2 crore customers within the primary (first-time sale) and secondary (resale) residential real estate market on the Magicbricks platform, the report indicated that while demand (searches) increased 2.0% YoY, it decreased 16.9% QoQ primarily due to rising property prices. The analysis further highlighted that residential supply (listings) reduced 16.9% YoY, with exceptions in Mumbai (4.2% YoY) and Hyderabad (0.4% YoY), where supply increased.

Elaborating on the findings, Abhishek Bhadra, Head of Research, Magicbricks, shared, “The year 2023 served as a pivotal period for the real estate sector, witnessing an exponential surge in residential demand propelled by robust macroeconomic factors and positive customer sentiment. However, constrained residential supply and increasing home loan rates had an inflationary impact on residential prices, subsequently declining demand this quarter. Despite these short-term challenges, we foresee a positive trajectory for residential demand in the medium to long term, anticipating a rebound in supply and moderation in residential prices.”

The report concluded that the affordable housing market flourished in Ahmedabad (62%) and Kolkata (48%) and luxury properties were most searched in MMR (90%), New Delhi (58%), and Gurugram (48%).

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The new MSP will be effective from October to March and includes wheat, barley, gram, lentil, rapeseed-mustard, and safflower. The MSP for rapeseed-mustard increased by 3.6 percent from INR 5450/quintal (USD 66.4/quintal) to INR 5650/quintal (USD 68.9/quintal). The MSP for safflower increased by 2.6 percent from INR 5650/quintal (USD 68.9/quintal) to INR 5800/quintal (USD 70.7/quintal).

The MSP hike for rapeseed-mustard jumped by 98 percent and 52 percent for safflower. This is by the 2018/19 budget by the Indian government, where the MSPs for Kharif and Rabi crops were announced at a level 1.5 times higher than the total weighted average cost of production sustained by the farmers.

To improve food self-sufficiency and raise farmers’ incomes, the government is encouraging crop diversification towards oilseeds/pulses/millets through initiatives like the National Food Security Mission and the National Mission on Oilseeds and Oil Palm. As food prices are inflated presently, MSP will guarantee remunerative pricing for the farmers and boost crop diversification.

On October 18, 2023, the Ministry of Agriculture and Farmers Welfare released the final production estimate (2022/23) of major crops, including total oilseed production at 41.3 million metric tons (MMT). Groundnuts are estimated at 10.3 MMT, soybeans at 14.9 MMT, and rapeseed-mustard at 12.6 MMT, contrary to the United States Department of Agriculture’s official estimates of 7 MMT, 12.4 MMT, and 11.8 MMT, respectively.

In addition, on November 6, 2023, the Solvent Extractors’ Association of India (SEA) and the Brazilian Association of Vegetable Oil Industries (ABIOVE) signed a memorandum of understanding (MOU) for soybean oil supply to India. The MOU aims to encourage technological collaboration between the two organizations in oil meals and edible vegetable oils and to maximize crop yields through the trade of oilseed planting equipment and materials.

The increase in MSP for Rabi oilseed crops is a positive move by the Indian government to boost farmers’ incomes and crop diversification ahead of the 2024 parliamentary elections. The release of final crop production estimates and the MOU with Brazil’s oilseed industry groups are also significant developments in India’s agriculture sector.

Photo by Alejandro Barrón: https://www.pexels.com/photo/corn-field-during-daytime-96715/

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