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Weak rains could dent farm incomes, consumption and inflation outlook: S&P
A weaker-than-normal southwest monsoon could pose risks to India's rural economy by reducing farm incomes, increasing food inflation and slowing consumption demand in the coming months, according to a report by S&P Global Ratings.
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thehindu.com
Rural demand to come under pressure on deficient rains: experts
Scant monsoons have added to higher farm input prices after the geopolitical events and are expected to trump rural demand and push prices further up, according to expert analyses.
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economictimes.indiatimes.com
S&P flags risks to Indian microfinance lenders' $35 billion book
India's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increasing the likelihood of loan defaults.…
