-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in Onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
More »SEARCH RESULT
Total Matching Records found : 402
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...
More »Debate and pass the Food Bill
-The Hindu The National Food Security Bill (NFSB) has been derailed yet again in the past few days due to continuous disruptions of Parliament. The Congress Party made an ill-advised attempt to pass the bill on August 20, Rajiv Gandhi's birth anniversary. Sure enough, the opposition parties went out of their way to scuttle this move and fell over each other to disrupt the Lok Sabha that day. This is only...
More »Onion prices show signs of cooling -Dipak Kumar Dash
-The Times of India NEW DELHI: There were signs of onion prices falling in certain cities on Monday. Similar correction in prices are expected in the next few days as arrival has increased almost two-fold at Asia's largest onion market in Lasalgaon. Similar was the trend in Pimpalgaon and Delhi. Food ministry sources said higher quantity of onion arriving at markets will increase supply across the country in the next few days...
More »Private players to import 7,000 tonnes of Onions -Dipak Kumar Dash & Sidhartha
-The Times of India NEW DELHI: Private players have placed orders to import around 7,000 tonnes of Onions, while the government leaned on a public sector company to ship the key kitchen ingredient to beat the domestic shortage. The moves came even as the food and consumer affairs ministry said it will seek export curbs if prices did not ease in a fortnight. Senior government officials said Project Export Corporation was on...
More »
