-The Times of India NEW DELHI: Onion prices soared to the year's high of Rs 90 per kg in many parts of the capital on Monday, amid indications that the staple many touch Rs 100 before coming down to more normal levels around Diwali. Market watchers said the quantity of fresh arrivals were not as much as expected and this was likely to further raise prices over the next one week. Onions...
More »SEARCH RESULT
Total Matching Records found : 89
Onion Prices to Soften by Early October: Food Min
-Outlook Onion prices, which have again gone up to Rs 70 per kg in retail markets, are expected to soften by early next month with supplies from Andhra Pradesh and Karnataka improving, Food Minister K V Thomas said today. He also said the Centre has asked producing states like Maharashtra to crack down on hoarders of onion, a politically sensitive commodity. Normally, onion prices rise during the lean period of June-August. But prices...
More »Inflation at 6-month high on onions
-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...
More »Onions drive inflation to six-month high at 6% in August-Somesh Jha
-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
More »Private players to import 7,000 tonnes of onions -Dipak Kumar Dash & Sidhartha
-The Times of India NEW DELHI: Private players have placed orders to import around 7,000 tonnes of onions, while the government leaned on a public sector company to ship the key kitchen ingredient to beat the domestic shortage. The moves came even as the food and consumer affairs ministry said it will seek export curbs if prices did not ease in a fortnight. Senior government officials said Project Export Corporation was on...
More »
