-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...
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Onion prices coming down says govt; farmers in agitation mode
-The Hindu Business Line New Delhi: Even as Union Minister Ram Vilas Paswan claimed on Thursday that onion prices have started cooling down in both retail and wholesale markets, Shetkari Sanghatana, an apex farmers’ body in Maharashtra, announced that all onion markets would be indefinitely closed from October 7 if the Centre failed to revoke its decision to ban onion exports and imposition of stock limits on traders. Retail onion prices, which...
More »SEBI relaxes FPI norms
-PTI New Delhi: Easing the regulatory framework for foreign portfolio investors, SEBI has simplified KYC requirements for them and permitted them to carry out off-market transfer of securities. Besides, the regulator has broad-based the classification for foreign portfolio investors (FPIs) and simplified their registration process. The notification comes after the board of SEBI in August approved a proposal to simplify the regulatory norms for FPIs. The new regulations have been redrafted based on...
More »The corporate tax cut could undermine the promise to cap the fiscal deficit
-The Telegraph A low tax regime is not enough; investors need to see demonstrable action to ease the pangs of doing business in India A wave of euphoria has swept through industry and Stock Markets since the finance minister, Nirmala Sitharaman, announced a sharp cut in corporate tax to an effective rate of 25.17 per cent. The effective tax rate will now go down sharply from a high of 34.94 per cent,...
More »It's a fact. We don't want farmers to get rich -Zia Haq
-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulturist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...
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