-PTI In Nov, retail inflation had jumped to a more than three-year high of 5.54 per cent on costlier food products Retail inflation rose to about five-and-half year high of 7.35 per cent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of vegetables as Onions were selling costlier. The unexpected jump in inflation diminished the chances of the RBI cutting interest rate at its next monetary policy review...
More »SEARCH RESULT
Total Matching Records found : 402
Onion shortage: Here's why farmers gained little from record price rise -Dilip Kumar Jha
-Business Standard Farmers across the country have suffered a double whammy this year - first, their crop from last season was spoilt by floods, and then onion yield also dropped due to moisture in fields Lasalgaon: Raghunath Sawant, an onion farmer from Niphad taluka in Maharashtra’s Nashik district, is a worried man. And, he is not alone. Despite onion prices hitting Rs 130 a kg in the wholesale market, Sawant has not...
More »Onion prices may drop by 50% in the next 2 weeks: Report
-Moneycontrol.com At Lasalgoan market, Onions were trading at Rs 41 per kg on December 10 compared with Rs 71 on December 7. Onion prices could drop by 50 percent in the next two weeks due as arrivals from Maharashtra, Gujarat, and Karnataka pick up, Business Standard reports. Please click here to read more. ...
More »Prices high, govt to buy 11,000 tons of onion from Turkey
-The Indian Express Last month, the Union cabinet approved importing 120,000 tonnes of Onions to improve the domestic supply and control prices that have skyrocketed to Rs 75-120 per kg across major cities. New Delhi: Amid skyrocketing prices of Onions, the Union Ministry of Consumer Affairs, Food and Public Distribution asked state-run MMTC to place an order for the import of 11,000 metric tons (MT) of Onions from Turkey. According to sources,...
More »Why Modi govt's decision to ease fumigation norms for onion import has experts worried -Samyak Pandey
-ThePrint.in Modi govt is importing more Onions under relaxed rules to deal with supply & price issues. But experts fear for India’s agricultural biodiversity. New Delhi: The Narendra Modi government’s decision to relax fumigation norms for imported Onions might result in the entry of disease-carrying Onions and harmful pests in Indian markets, agriculture experts have told ThePrint. On 6 November, the agriculture ministry relaxed fumigation norms and waived the penalty for non-compliance until...
More »
