Markets Fall Near 22,600, Maharashtra Halts Farm Loan Recovery, Rabi MSP Hiked
On the Business Today Show, anchor Sakshi Batra tracks closing action across Dalal Street as the Nifty slips 95 points to end near 22,620 and Sensex trades weak under pressure from elevated crude oil prices and global bond yield spikes. Market expert Pankaj Pandey analyses persistent equity market volatility, rate hike expectations from the Reserve Bank of India, credit quality concerns in the microfinance space, and emerging opportunities in railway and premium consumption stocks. The broadcast reviews Union Finance Minister Nirmala Sitharaman's scheduled meeting with traders over the proposed 0.4% UPI merchant discount rate fee. Meanwhile, the Maharashtra government declares 265 talukas drought-hit, directing banks and financial institutions not to harass farmers for crop loan recoveries while announcing a 10% urban water cut. Additionally, the Union Cabinet approves a 1.86 lakh crore rupee outlay for rabi minimum support price increases, including hikes for wheat and safflower, alongside the PM Dhara renewable scheme approval.





