-The Hindu Business Line Rather than cut fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...
More »SEARCH RESULT
Fear of cooking oil shortage, spike in prices as 290,000 tons stuck in Indonesia -Aniruddha Dhar
-Hindustan Times India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Indonesia President Joko Widodo's drastic measures to control food prices by banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm...
More »Edible oil prices in India to surge as Indonesia to ban palm oil exports from 28 April -Ravi Dutt Mishra
-Livemint.com Global cooking oil prices have surged this year following Russia's invasion of Ukraine, which hit shipments of sunflower oil from the region. The Black Sea accounts for 76% of world sunflower oil exports. NEW DELHI: Domestic edible oil prices, already high, are set for a surge as Indonesia, the world's largest producer of palm oil, will ban exports from 28 April. Indonesia, too, has been battling high edible oil prices amid domestic...
More »Mandi prices of key rabi crops above MSP on strong demand -Sandip Das
-Financial Express Traders told FE that for mustard, the biggest domestic oilseed variety, prices at Bharatpur mandi, Rajasthan, are currently ruling around Rs 6,800 per quintal against the MSP of Rs 5,050 a quintal, while wheat in Sehore mandi, Madhya Pradesh, is currently being sold at Rs 2,150 a quintal against MSP of Rs 2,015 a quintal. As market arrivals have peaked, mandi prices of key rabi crops — wheat and mustard...
More »As fuel rates soar, fish prices jump in Kolkata -Rittick Mondal
-IndiaToday.in The prices of fish in Kolkata have increased due to the hike in fuel rates Kolkata: With the rise in the rates of fuel across the country, fish prices too increased in Kolkata. The prices of fruit, vegetables and meat have been increasing. Households in the city are being forced to cut down the food budget as the prices of food essentials have jumped in the market, including the rates of fish. Fish...
More »