Earlier this week, the agriculture ministry released the first advance estimates for kharif season of 2022-23 crop year (July-June). As per the government data, rice production is likely to decline by 6 per cent to 104.99 million tonnes in the kharif season this year as against 111.76 million tonnes in kharif season of last year.
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Liquidity conditions are tight and all leading indicators like Copper Prices, Crude Prices are beginning to show signs of revival and might trend upwards suggesting