NEW DELHI: India’s retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive. The high prices are a particular cause of concern for India’s hundreds of millions of … Read more
(This story originally appeared in on Nov 01, 2020) NEW DELHI: The average retail prices of all essential food items, except that of wheat, have increased in the past one year with potatoes witnessing the steepest rise of 92%, followed by onions at 44%. High food inflation has emerged as a policy worry although experts … Read more
The netizens are having the time of their lives right now. Why, you ask? Well, as the news of onion price hike trended online, netizens took to Twitter to share hilarious memes and jokes about the same and how they are coping with it. The tweets are making us laugh and cry at the same … Read more
PUNE: Onion prices continue to rise even after India banned onion exports on September 14 to rein in prices. Having increased by 20% to 30% during last 10 days since exports were banned, onion prices are expected to continue their upward trajectory till December as excess rainfall damaged and delayed the kharif harvest in the … Read more
New Delhi: India on Monday prohibited the export of all varieties of onion except those cut, sliced or in powder form. “The export of all varieties of onion…is prohibited with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification. The ban includes Bangalore rose onions and Krishnapuram onions. These varieties of … Read more