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Onion price rise may be due to hoarding: Centre -Dipak Kumar Dash

-The Times of India NEW DELHI: Onion prices have again hit the roof in Mumbai, Delhi and other major cities after stabilizing briefly in August, leading the Centre to suggest that traders and speculators might be "artificially" increasing onion prices and has asked whether a seasonal shortage in supplies is being exploited. "Governments of Delhi and Chandigarh were addressed to look into the possibility of traders and speculators creating an artificial...

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Not traders, farmers turn onions into storehouse of value -Jayashree Bhosale

-The Economic Times PUNE: Anand Ostwal, 30-year-old farmer from Satana in Nashik district, who had given last chance to farming after having failed for a decade, is holding on to 500 quintal onions in the hope of buying a car. "If I get a price of Rs 50/kg for the 500 quintal onions, I will get bonus amount of Rs 5 lakh to buy a car. Otherwise, I will have to drop...

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Onion prices hover around Rs 60; peas soars to Rs 100

-PTI CHANDIGARH: Onion prices continued to hover around Rs 60 per kg across retail markets in Punjab and Haryana, while peas jumped to Rs 80-100 per kg. After witnessing a steep hike from Rs 30 per kg a fortnight back, onion prices have been hovering around Rs 60 per kg for the past few days, traders said today. They said it was not just the price of onion, which was in short supply...

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Hoarding pushing up onion prices up, govt finds -Rajeev Deshpande

-The Times of India NEW DELHI: The onion crisis gripping the government might be largely man made. Slow release of onion stocks by a clutch of traders rather than a shortfall in production has emerged as a key reason for retail prices rocketing to Rs 70-80 a kg. The government uncovered the plot - hatched by traders operating from major onion markets in Nashik in Maharashtra - as it sought to figure...

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Onion prices: another case of the great Indian paradox-Pramit Bhattacharya

-Live Mint The absence of genuine competition at mandis and numerous transaction charges are distorting onion prices The joke doing the rounds today is that the spike in onion prices has been a great equalizer, bringing parity between the price of a bottle of beer and a kilo of onion. The humble vegetable has also found pride of place as a gift item to customers at a tyre shop in Jamshedpur,...

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