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Maharashtra Farmer Gets Rs 2.49 Profit On Sale Of 512 Kg Onions
A farmer from Maharashtra's Solapur was in for a rude shock when he got to know that he has earned a profit of merely Rs 2.49 against the sale of his 512 kg onions to a trader in the district.
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Maharashtra Chief Minister Urges Centre To Raise Onion Stock Holding Limit
Maharashtra Chief Minister Uddhav Thackeray has urged the Centre to increase to 1,500 metric tonnes the onion stock holding limit for wholesale traders in the state, who purchase the key kitchen staple directly from farmers.
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Government Imposes Stock Limits On Onion Traders To Check Prices
To boost domestic supply and provide relief to consumers from rising onion prices, the Centre on Friday imposed stock limits on both retailers and wholesales with immediate effect till December 31.
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Desperate To Return Home In Lockdown, Man Turns Into Vegetable Trader
How do you travel from Mumbai to Allahabad when there is a lockdown? Buy 25 tonnes of onions, load them onto a truck and hit the road.
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Onion Rate May Hit Rs 150 In Kolkata, Centre Cuts Stock Limit: 10 Points
Amid spiraling onion prices across the country, the central government on Tuesday reduced the stock limit for the wholesale and retail traders by 50 per cent. The wholesalers would no longer be able to stock more than 25 tonnes of onions. For retail retail traders, the limit is five tonnes. Onion prices remain high in the range of Rs 75-100 per kg ...
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Government Cuts Onion Stockholding By 50% To Check Hoarding
To check onion hoarding, the central government here on Tuesday decided to reduce by 50 per cent the stock limit for the wholesale and retail traders to 25 tonnes and 5 tonnes, respectively.
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Onion Prices To Skyrocket, Likely To Touch Rs 150 Per Kg In Kolkata
Onion prices, which have shot through the roof across the country, could soon touch a new high of Rs 150 per kg in the city markets, traders and analysts said on Tuesday.
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Onions Worth Rs 22 Lakh Stolen From Transport Truck As Prices Skyrocket
Amid the spiralling onion prices across the country, a trader in Maharashtra's Nashik complained to Madhya Pradesh Police that his onion consignment worth up to Rs 22 lakh was stolen.
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Tax Officials Raid Madhya Pradesh Onion Traders, Expose Major Racket
A survey of shops and godowns owned by six major onion traders in Madhya Pradesh's Shajapur district by income tax officials has led to the disclosure of undisclosed income amounting to Rs 5 crore as well as indications that they may have manipulated their stocks to inflate retail prices.
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Onion Prices On The Rise In Delhi Due To Tight Supplies
Wholesale onion prices in Delhi have shot up to Rs 23 per kg in the last ten days on tight supplies from producing states, a traders body said.
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Why Onion Prices Will Remain Volatile Till End Of This Month
Onions saw a spike in prices over the last two weeks and much of it has to do with what happens in Maharashtra and Lassalgaon where most of the onion grown in Nashik is traded and sent to different parts of the country. Prices have now fallen but are yet to stabilize. The volatility in prices, traders say, will continue till the end of this month a...
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Onions to be Imported in Large Quantities to Stabilize Prices
With onion prices touching Rs 80 per kilogram, the Delhi government has decided to ask big traders to import onions in large quantities so that the prices would stabilize in the capital.
-
How Cartels, Politics, and False Alarms Determine Onion Pricing
Within moments of our entering Lasalgaon, the biggest of Nashik's 14 onion mandis, a crowd surrounds us. It is the time of auction; farmers have pulled up in tractors and tempos laden with onions, traders walk from vehicle to vehicle assessing the produce before the bids are placed.
-
Onion prices will come down in next 10 days: Food Minister KV Thomas
Food Minister KV Thomas today said onion prices will come down in the next 10 days with the fresh arrival of domestic and imported stock, while asking the traders not to "loot" consumers by charging more.
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Behind the onion price spike, a cartel of traders in a Maharashtra town
A powerful traders' cartel working Asia's biggest wholesale market at Lasalgaon town in Maharashtra is believed to be a key factor behind the staggering rise in onion prices.
-
Maharashtra Farmer Gets Rs 2.49 Profit On Sale Of 512 Kg Onions
A farmer from Maharashtra's Solapur was in for a rude shock when he got to know that he has earned a profit of merely Rs 2.49 against the sale of his 512 kg onions to a trader in the district.
-
Maharashtra Chief Minister Urges Centre To Raise Onion Stock Holding Limit
Maharashtra Chief Minister Uddhav Thackeray has urged the Centre to increase to 1,500 metric tonnes the onion stock holding limit for wholesale traders in the state, who purchase the key kitchen staple directly from farmers.
-
Government Imposes Stock Limits On Onion Traders To Check Prices
To boost domestic supply and provide relief to consumers from rising onion prices, the Centre on Friday imposed stock limits on both retailers and wholesales with immediate effect till December 31.
-
Desperate To Return Home In Lockdown, Man Turns Into Vegetable Trader
How do you travel from Mumbai to Allahabad when there is a lockdown? Buy 25 tonnes of onions, load them onto a truck and hit the road.
-
Onion Rate May Hit Rs 150 In Kolkata, Centre Cuts Stock Limit: 10 Points
Amid spiraling onion prices across the country, the central government on Tuesday reduced the stock limit for the wholesale and retail traders by 50 per cent. The wholesalers would no longer be able to stock more than 25 tonnes of onions. For retail retail traders, the limit is five tonnes. Onion prices remain high in the range of Rs 75-100 per kg ...
-
Government Cuts Onion Stockholding By 50% To Check Hoarding
To check onion hoarding, the central government here on Tuesday decided to reduce by 50 per cent the stock limit for the wholesale and retail traders to 25 tonnes and 5 tonnes, respectively.
-
Onion Prices To Skyrocket, Likely To Touch Rs 150 Per Kg In Kolkata
Onion prices, which have shot through the roof across the country, could soon touch a new high of Rs 150 per kg in the city markets, traders and analysts said on Tuesday.
-
Onions Worth Rs 22 Lakh Stolen From Transport Truck As Prices Skyrocket
Amid the spiralling onion prices across the country, a trader in Maharashtra's Nashik complained to Madhya Pradesh Police that his onion consignment worth up to Rs 22 lakh was stolen.
-
Tax Officials Raid Madhya Pradesh Onion Traders, Expose Major Racket
A survey of shops and godowns owned by six major onion traders in Madhya Pradesh's Shajapur district by income tax officials has led to the disclosure of undisclosed income amounting to Rs 5 crore as well as indications that they may have manipulated their stocks to inflate retail prices.
-
Onion Prices On The Rise In Delhi Due To Tight Supplies
Wholesale onion prices in Delhi have shot up to Rs 23 per kg in the last ten days on tight supplies from producing states, a traders body said.
-
Why Onion Prices Will Remain Volatile Till End Of This Month
Onions saw a spike in prices over the last two weeks and much of it has to do with what happens in Maharashtra and Lassalgaon where most of the onion grown in Nashik is traded and sent to different parts of the country. Prices have now fallen but are yet to stabilize. The volatility in prices, traders say, will continue till the end of this month a...
-
Onions to be Imported in Large Quantities to Stabilize Prices
With onion prices touching Rs 80 per kilogram, the Delhi government has decided to ask big traders to import onions in large quantities so that the prices would stabilize in the capital.
-
How Cartels, Politics, and False Alarms Determine Onion Pricing
Within moments of our entering Lasalgaon, the biggest of Nashik's 14 onion mandis, a crowd surrounds us. It is the time of auction; farmers have pulled up in tractors and tempos laden with onions, traders walk from vehicle to vehicle assessing the produce before the bids are placed.
-
Onion prices will come down in next 10 days: Food Minister KV Thomas
Food Minister KV Thomas today said onion prices will come down in the next 10 days with the fresh arrival of domestic and imported stock, while asking the traders not to "loot" consumers by charging more.
-
Behind the onion price spike, a cartel of traders in a Maharashtra town
A powerful traders' cartel working Asia's biggest wholesale market at Lasalgaon town in Maharashtra is believed to be a key factor behind the staggering rise in onion prices.
