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The World Bank forecasts commodity prices to rise 23% in 2026, led by a 32% jump in energy, with Brent averaging $91 a barrel. Metals are up 25% to record highs, fertiliser 14% and food about 10%. Prices are forecast to fall 7% in 2027, but escalation could push them higher.
Telangana declared 365 mandals in 31 districts drought-affected for the kharif season and called an all-party meeting on 28 October. Maharashtra's Cabinet approved a Rs 5,000 advance for 1.5 crore farmers in 304 drought-hit talukas, at a cost of Rs 7,500 crore, to be paid before Diwali.
Reyaansh Agarawal4 min
Telangana will run a Rs 150 crore drought-mitigation pilot in Midjil, Uppunuthala and Makthal mandals. A committee is to declare drought-hit mandals by 31 October, after a preliminary assessment flagged 358 mandals and the Chief Minister asked farmers to defer one crop.
Reyaansh Agarawal4 min
