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Incessant rains ,extreme cold wreak havoc on coffee heartland

 Incessant rains ,extreme cold wreak havoc on coffee heartland India’s coffee heartland, comprising Chikmagaluru, Coorg and Hassan districts of Karnataka, has been pounded by incessant rains, besides extreme cold weather and lack of sunlight in the past more than three months, resulting in heavy damage to coffee plantations and an estimated production loss of up to 30%, according to the Karnataka Planters Association (KPA) KPA represents thousands of coffee farmers and planters in the region who cumulatively account for over 70% of the country’s total coffee production. Arvind Rao, Chairman, Karnataka Planters’ Association (KPA) said the unrelenting rains have wreaked havoc for coffee growers in the coffee heartland of the country. Coffee berry droppings and black rot disease [fungal] have become uncontrollable due to heavy rainfall. Growers are unable to spray fungicide to control the disease due to non-stop rains for months. In this scenario, we are expecting crop loss in th...
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Auto loan short-term delinquencies up

 Auto loan short-term delinquencies up Auto-loan delinquencies increased for all ticket sizes barring those more than Rs.20 lakh as of June, year-on-year, according to data in ‘How India Lends’ report by CRIF, a credit information company. The portfolio at risk (PAR) for more than 90 to 180 days in June  increased for three straight years in most ticket sizes. In June, loans lower than Rs.5 lakh increased to 1.83% of the total loans in the category from 1.62% in the year-earlier period and 1.36% in June 2023. Delinquencies in loans with a ticket size of between Rs.5 lakh and Rs.10 lakh, too, increased to 0.92% in the reporting  month from 0.73% in June 2023. Credit value between Rs.10 lakh and Rs.15 lakh increased to 0.70% in June 2025 as against 0.55% in June 2023. Default or delay in payments as a share of the advances increased to 0.67% even in Rs.15 to Rs.20 lakh loan size from 0.57% in June 2023.  Two-thirds of the originations value as a share of the total loan...
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Top car makers see sales slide YoY in August

Top car makers see sales slide YoY in August Hyundai Motor India Ltd. reported a more than 11% fall in domestic sales at 44,001 units as compared with 49,525 units a year ago  Top passenger car companies witnessed reduced sales in August 2025 possibly due to buyers deferring purchase decisions to pay lower goods and services tax (GST) as and when it is applicable. The Prime Minister had on August 15, announced the rationalisation of GST, which has led to a wait-and-watch situation.  Market leader Maruti Suzuki India Ltd. reported a more than 7% fall in domestic sales at 1,44,145 units from 1,55,779 units sold in August 2024. Exports were up at 36,538 units as compared with 26,003 units a year ago. Hyundai Motor India Ltd. reported a more than 11% fall in domestic sales at 44,001 units as compared with 49,525 units a year ago. However, the company regained its number two position in wholesale despite reporting comparatively lower numbers. In August, Hyundai exported 16,500 unit...
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Government to offer quick liquidity to tariff-hit exporters

  Government to offer quick liquidity to tariff-hit exporters According to sources, the short-term measures include providing immediate liquidity and compliance relief to exporters and helping them maintain order levels and employment in vulnerable sectors  The Government has come up with an “action plan” to respond  to the tariff escalation by the U.S.,  which includes short-, medium-, and long-term measures aimed at not only addressing the short-term pain points, but also increasing long-term competitiveness,  According to sources, the short-term measures include providing immediate liquidity and compliance relief to exporters and helping them maintain order levels and employment in vulnerable sectors.  the liquidity crunch is a major concern for exporters as they have already bought the stock that they would have exported to the U.S. under normal circumstances.  A critical risk is a drop in order levels, particularly in SEZ-based units which contrib...
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Tata Motors Q1 net slips 30% to 3,924cr.

 Tata Motors Q1 net slips 30% to 3,924cr. Tata Motors Ltd. reported 30.46% year-on-year drop in consolidated net profit for Q1FY26 to 3,924 crore.Revenue decreased 2.45% to 1,03,792 croгe."Despite stiff macro headwinds, the business delivered a profitable quar-ter, supported by strong fundamentals," said P.B. Balaji, Group CFO."As tariff clarity emerg-es and festive demand picks up, we are aiming to accelerate performance and rebuild momentum across the portfolio. Against the backdrop of the upcoming demerger in October, our focus remains firmly on delivering a strong second-half perfor-mance," he added. Subsidiary Jaguar Land Rover (JLR) delivered 11th successive profitable quar-ter amid challenging global economic conditions.
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Cotton imports to be duty free till dec.31

  Cotton imports to be duty free till dec.31 September 30 when the current cotton marketing season will end. The statement on Thursday (August 28, 2025) said that in a move to support exporters, it has decided to extend the duty-free import till December 31, 2025.I ndia is expected to close the current cotton season (October 1, 2024 to September 30, 2025) with nearly 40 lakh bales of imports. The new crop arrivals for the next season (October 1, 2025 to September 30, 2026) are likely to pick up after Deepavali. The government had increased the minimum support price for cotton by 8% for the next season and the Cotton Corporation of India is gearing up for MSP operations across the cotton growing hubs. It purchased close to 100 lakh bales this season. The textile and apparel sector that is staring at uncertainties because of the 50% U.S. tariff has welcomed the extension of time for duty free cotton imports. “India will get access to quality cotton at the right prices. We are importi...
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Centre reduces wheat stock limits to “manage food security”

  Centre reduces wheat stock limits to “manage food security” The Union Food Ministry has further reduced the wheat stock limits for traders, stockists and processors on Tuesday and said the measure is to manage the “overall food security and to prevent hoarding and unscrupulous speculation.” The Centre, however, said there is ample availability of wheat in the country and in 2024-25, the wheat production was 1175.07 lakh metric tonne (LMT). The Government said as part of “continuous efforts to moderate prices of wheat before the upcoming festive season”, the wheat stock limit is revised until March 31, 2026. For trader/ wholesaler, the limit has been reduced to 2,000 metric tonne (MT) from the existing limit of 3,000 MT. For retailers, 8 MT is the new limit. Earlier, it was 10 MT. For big-chain retailers too, 8 MT for each retail outlet subject to maximum quantity of (8 multiplied by total no. of outlets) MT is the new limit. “This will be the maximum stock that can be held at all...
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