The Centre today sought to justify the export ban on onion by saying that the wholesale price of onion in Nashik, the country’s largest wholesale hub for the bulb crop, had declined by 33 per cent to Rs 2,500 per 100kg or Rs 25 a kg. The impact will not be felt immediately on kitchen budgets as it will take some time – “two to three weeks”, according to Sharad Pawar...

Retail prices of onions continued to remain high on Tuesday even as a ban on exports led to a 30% fall in wholesale rates. The government, however, cautioned that retail prices would fall from current exorbitant levels (of Rs 75-80 per kg) only after three weeks. But prices are expected to return to the last month's reasonable levels (Rs 20-25 per kg) across the country only in March, when the...

The Prime Minister’s Office has given direct orders to top officials of Sharad Pawar’s department to get cracking after the food minister said it would take “two to three weeks” for onion prices to stabilise. Sources said an annoyed Manmohan Singh has conveyed to Pawar that the time frame set by the minister is too long, especially since prices have skyrocketed within a week. Expressing deep concern over the “extraordinary price rise...

Have the Cancun Agreements set Kyoto Protocol on a path to eventual death? No. Killing Kyoto would require a 2/3rd vote by the 180-plus member countries. There is too much guilt involved in that. But the Agreements have prepared the ground to render the Protocol hollow and meaningless - left to survive a vegetative, inconsequential life even as a new and unequal global regime takes ground. The Kyoto Protocol was...

Volume of silk production may be on the decline in traditional silk cultivating areas in Southern Karnataka districts, thanks to rapid urbanisation and industrialisation. But Central Silk Board's efforts to popularise sericulture in northern Karnataka districts is paying off, board chairperson H. Hanumantappa has said.Speaking to presspersons after inaugurating the “Silk Mark Expo” here on Wednesday, Mr. Hanumantappa said that farmers in Belgaum, Bidar, Bijapur, Bagalkot, Gulbarga, Gadag and Haveri...