-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
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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...
More »Tamil Nadu govt puts a stop to mineral mining
-The Times of India CHENNAI: The Tamil Nadu government, which had suspended mining of rare earth minerals like garnet, ilmenite and rutile along the Tuticorin coast last month following complaints of large-scale illegal mining, on Tuesday extended the ban to Tirunelveli, Kanyakumari, Trichy and Madurai districts. Chief minister J Jayalalithaa, in a statement, said a team headed by revenue secretary Gagandeep Singh Bedi, who had conducted an inquiry into violations in mining...
More »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 »PM Manmohan Singh promises help to states for improving farm production
-PTI NEW DELHI: Flagging the challenge of raising foodgrain production, Prime Minister Manmohan Singh today promised all assistance to states for improving agricultural growth. "It's a challenging job to increase production of foodgrains and other crops for the growing population of the country, especially, because agriculture is still dependent on monsoon in large parts of the country," he said, addressing a gathering of farmers, who arrived here as part of a nationwide...
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