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Onion prices fall 35% after I-T raids on Nashik traders

-The Times of India NASHIK: The average wholesale Onion price fell by 35% at the country's largest wholesale Onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven Onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale Onion prices, farmers stopped the auction at Lasalgaon and did...

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Centre keeping a tab on Onion prices

-The Hindu Business Line Why is it up despite a bumper crop? New Delhi: The Centre on Monday said it is closely monitoring the price and availability of Onions, as there is no reason for the price of the essential vegetable going up considering the bumper production this year. According to the third advance estimate of horticulture production, as much as 217.2 lakh tonnes of Onion were produced in 2016-17, compared to the...

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Horticultural output seen at a record 300 mt in 2016-17

-The Hindu Business Line Bumper harvest expected on good rains, jump in area New Delhi: Production of horticultural crops for the year 2016-17 (July-June) is pegged at a record 300 million tonnes (mt), with fruits and vegetables witnessing a significant increase in output due to abundant rains and rise in area. According to the third advance estimates of horticultural production, released by the government on Thursday, the area under cultivation went up by...

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Import talk halts Onion price surge -Rahul Wadke and Vishwanath Kulkarni

-The Hindu Business Line Mumbai/ Bengaluru: As talk of Onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of Onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...

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APEDA to focus on fruits, vegetables -TV Jayan

-The Hindu Business Line Basmati, bovine exports have already plateaued New Delhi: With export earnings from basmati and bovine meat — the flagship agricultural and processed export sectors — hitting a plateau, the Agricultural and Processed Food Products Export Development Authority (APEDA) is exploring newer avenues, Chairman Devendra Kumar Singh said on Wednesday. According to data available with APEDA, export earnings from agricultural and processed food products have drastically dropped from $21.5 billion...

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