-The Business Standard Onion prices in wholesale markets of Mumbai declined 48.6%, the steepest among the four metros, compared to October In November, Onions, which stoked inflation in recent months and probably played a part in the Congress party's dismal performance in four Assembly elections, turned cheaper in four major cities - Mumbai, Delhi, Chennai and Kolkata - at both the wholesale and retail levels. However, the decline in wholesale prices was...
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Tourists go hungry as vegetable prices force Manali hoteliers shut kitchens -Suresh Sharma
-The Times of India MANALI: Tourists visiting Manali will find it tough to get food as several hotels here have shut their kitchens due to the rising prices of Onion, tomato, potato, cabbage and other vegetables. Several restaurants and dhabas are not even serving Onion paranthas for the breakfast now. Hotels, which used to serve their guests with food from in-house kitchens, are now requesting them to have food outside. Hoteliers say...
More »Inflation eroding savings of Indians living in metros: Survey
-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...
More »Panic buying in 3 states over rumours of salt shortage -Aloke Chatterjee
-The Hindustan Times Patna: Panic-stricken people in Meghalaya today rushed to grocery stores and purchased salt at exorbitant prices following wild rumours that the commodity was in short supply. In neighbouring West Bengal, similar rumours sent people in Siliguri, Darjeeling and Jalpaiguri districts rushing to stores and buy salt at Rs100-150 a kg since Thursday night. In Bihar, where it all started, the police arrested 21 persons on charges of hoarding and...
More »Salt sells at Rs 150 a kg in Bihar, government denies shortage
-IANS Believe it or not, salt was selling at an exorbitant Rs150 per kg in parts of Bihar amid rumours of an acute shortage of the essential ingredient of food. The state government rebutted the rumours on Thursday. There is no truth in reports that the state is facing shortage of common salt, Bihar's Food and Civil Supply Minister Shyam Razak told media persons in Patna. "It is purely a rumour, nothing else....
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