-PTI CHANDIGARH/PUNE: Arrivals of onion from Afghanistan have failed to bring down Retail Prices of onion in Punjab as it continued to remain high, with traders citing poor quality coupled with low arrivals. In the wake of skyrocketing prices of onion in India, Punjab traders have been importing onion from Afghanistan via Attari-Wagah land route. Daily 3-5 trucks laden with onion are crossing over to India, traders said. "There is not much onion...
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What's cooking in inflation numbers?-Soumya Kanti Ghosh
-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
More »Delhi: Onion prices touch Rs 90 per kg, may hit Rs 100 soon -Dipak Kumar Dash & Neha Lalchandani
-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 »After minor dip, onion prices on the rise again -Dipak Kumar Dash
-The Times of India NEW DELHI: Sixty is the new normal for onion prices in most cities after belying government expectation that prices would moderate in the first half of October. The end of Navratra, Eid-ul-Adha on Wednesday and insistent rain in many parts of the country has pushed prices to Rs 70 a kg in many cities, including Delhi. Retail Price of onion has remained Rs 60 per kg in north Indian...
More »Food inflation: How to decode the onion price puzzle-Usha Tuteja
-The Economic Times It is ironical that food inflation surged to around 18% in August when agriculture is the primary hope in the economy. The culprit was mainly vegetables and, within that, onions. Onions are once again in the news due to steep rise in Retail Prices by almost 25% in a fortnight. Safal outlets in Delhi have set the price at Rs 60 per kg whereas some other retailers are charging...
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