With the prices of most of the vegetables soaring, the Income Tax sleuths on Friday carried out massive raids on the offices and godowns of the wholesale traders in onion and Garlic in major cities and towns of Gujarat. The outcome of the raids that started in the morning was not immediately known, but informed sources said the idea was to check whether the wholesalers were unduly holding stocks to take...

This allocation is in addition to 25 lakh tonnes of grains released for BPL population in August Ban on export of pulses and permission to import pulses at zero duty to continue till March 2012 The Centre on Tuesday announced an additional allocation of five million tonnes of wheat and rice to States for distribution to the Below Poverty Line (BPL) and Above Poverty Line (APL) beneficiaries through the Targeted Public Distribution...

With fresh arrivals of onions from Gujarat, Rajasthan and Maharashtra, Central agencies on Monday announced their decision to sell them through their outlets at Rs. 35 a kg, setting it as a benchmark price. The variety, however, was poor in quality and low in quantity. In the retail open market and retail chains, onion prices remained around Rs. 50 a kg, Garlic price was unchanged between Rs. 250 and Rs. 280...

In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears.   As the year comes to an end, an embattled government and the Union agriculture ministry stood...

The retail prices of onions and tomato largely remained unchanged on Saturday although the price of Garlic fell by up to Rs. 40 a kg, thanks to better supplies. It is expected that the availability of these essential items will improve in three weeks when the late kharif crop arrives in the market. According to reports from the four metros, onion prices remained stable at Rs. 50-60 a kg, while tomato...