But retail prices topped an eye-watering Rs. 85 a kg in Bangalore yesterday Speculative fever gripped the onion trade on Tuesday in Bangalore following a sharp decline in prices as a significant section of the buyers kept away, hoping that the slide will continue. However, retail markets in the city continued to remain buoyant, unmoved by the turmoil in the wholesale business. Trade sources speculated that the Union Government's order banning...

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...

India's government has banned the Export of onions after the vegetable doubled in price in the past week. The rise has been blamed on unusually heavy rains in growing areas, as well as on hoarders and speculators. Prices have jumped to 70 rupees ($1.55; £0.99) per kg from 35 rupees last week. The ban is until 15 January and India is importing onions to ease shortages. Onions are a basic ingredient in many...

Many bee-keepers in danger of losing livelihood, warn industrialists The ban on Export of honey has led to a massive crash in the prices of honey, which has hurt the bee-keepers of the state. Expressing concern about the state of affairs, Kashmir Apiaries Exports/ Little Bee Impex CMD Jagjit Singh Kapoor said, “As a result of this ban, honey prices in the country are likely to crash further and the vulnerable...