-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
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Supreme Court dampens govt hope of mining resumption in Goa -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court on Wednesday said considerations of faster economic growth could not be the sole criterion for determining the legality of the ban it has imposed on mining activities in Goa, in remarks which immediately hiked the suspense on what it might do with the desperate pleas to allow resumption of mining which has been the mainstay of the state's economy. In a sharp rejoinder...
More »Onion price rise may be due to hoarding: Centre -Dipak Kumar Dash
-The Times of India NEW DELHI: Onion prices have again hit the roof in Mumbai, Delhi and other major cities after stabilizing briefly in August, leading the Centre to suggest that traders and speculators might be "artificially" increasing onion prices and has asked whether a seasonal shortage in supplies is being exploited. "Governments of Delhi and Chandigarh were addressed to look into the possibility of traders and speculators creating an artificial...
More »Planning Commission member Abhijit Sen questions relevance of Minority Affairs Ministry -Nistula Hebbar
-The Economic Times NEW DELHI: The UPA government claims it to be one of its signature achievements, but noted academic and Planning Commission member Abhijit Sen has all but questioned its relevance and, therefore, its existence. Sen, a former economics professor at the Jawaharlal Nehru University, said the Ministry of Minority Affairs, a showpiece in the Congress-led UPA's list of minority friendly moves, had achieved very little. "I am not in favour...
More »Onion Prices to Soften by Early October: Food Min
-Outlook Onion prices, which have again gone up to Rs 70 per kg in retail markets, are expected to soften by early next month with supplies from Andhra Pradesh and Karnataka improving, Food Minister K V Thomas said today. He also said the Centre has asked producing states like Maharashtra to crack down on hoarders of onion, a politically sensitive commodity. Normally, onion prices rise during the lean period of June-August. But prices...
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