Speculative traders are making super-profits by fixing prices in the onion trade while the government is playing around with ad hoc fixes. On Tuesday alone, wholesale traders in Delhi bought onions at about Rs 34 per kg while it was sold in retail at Rs 80 per kg. That's a margin of Rs 46 per kg or 135%! About 11,445 quintals of onion were bought in the Delhi wholesale markets on...

Saikat Dutta of The Outlook magazine and Vinita Kamte, wife of killed Mumbai police officer Ashok Kamte, are among the seven winners of this year's National RTI Awards, announced on Monday by the Public Cause Research Foundation. The foundation also organised a ceremony to honour the 10 RTI activists who were killed this year. The awards were decided by a jury consisting, among others, of Infosys founder N.R. Narayana Murthy; the former...

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...

A survey report released by Associated Chambers of Commerce and Industry has shown that 70% women who migrate to Delhi in search of jobs and better education, belong to Uttar Pradesh and Bihar. According to data provided in the survey, while UP ranked highest - with nearly 38% women leaving the state - Bihar came a close second with 32% women leaving the state in search of better prospects. Among other...

Retail price of onions has surged to Rs. 60-70 a kg within a couple of days NOCs will not be issued to exporters till January 15 Minimum export price raised to $1,200 a tonne The government on Monday announced suspension of onion exports till January 15 in a last-minute effort to cool prices of the poor man's essential vegetable from the prevailing high of Rs. 60-70 a kg. In a twin strategy, while the...