-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...
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Centre keeping a tab on onion prices
-The Hindu Business Line Why is it up despite a bumper crop? New Delhi: The Centre on Monday said it is closely monitoring the price and availability of onions, as there is no reason for the price of the essential vegetable going up considering the bumper production this year. According to the third advance estimate of horticulture production, as much as 217.2 lakh tonnes of onion were produced in 2016-17, compared to the...
More »Horticultural output seen at a record 300 mt in 2016-17
-The Hindu Business Line Bumper harvest expected on good rains, jump in area New Delhi: Production of horticultural crops for the year 2016-17 (July-June) is pegged at a record 300 million tonnes (mt), with fruits and vegetables witnessing a significant increase in output due to abundant rains and rise in area. According to the third advance estimates of horticultural production, released by the government on Thursday, the area under cultivation went up by...
More »Onion prices soar on supply squeeze -Vishwanath Kulkarni & Rahul Wadke
-The Hindu Business Line Scale Rs. 2,300/quintal; reports of traders hoarding the bulbs Bengaluru/ Mumbai: Onion prices at Lasalgaon, the country’s largest wholesale market for the vegetable, surged on Thursday to touch a high of Rs. 2,300 per quintal on tight supplies. The modal prices have almost doubled over the past two days and more than quadrupled since early July, when prices hovered around Rs. 500. Prices across the country are expected to...
More »Loan waiver alone not the panacea for Maharashtra farmers' woes: Experts -Rahul Wadke
-The Hindu Business Line High inputs costs, low price for produce and water scarcity are major challenges Mumbai: Despite the Rs. 34,000 crore farm-loan waiver in Maharashtra, farmers’ lives are unlikely to change for the better as they will continue to be up against familiar problems such as high input costs, low prices for their produce, and scant water availability, say farm sector experts. They are of the opinion that the core issues...
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