“Does She Eat Avocado?”: P Chidambaram Throws Shade At Finance Minister

Former finance minister P Chidambaram took a swipe at Nirmala Sitharaman New Delhi: Finance Minister Nirmala Sitharaman’s “I-don’t-eat-onions” comment in parliament was attacked by opposition parties today with the Congress calling it her “Marie Antoinette moment” and wondering whether she preferred avocado. Nirmala Sitharaman had made the remarks when opposition MPs had interrupted her statement … Read more “Does She Eat Avocado?”: P Chidambaram Throws Shade At Finance Minister

Government Cuts Onion Stockholding By 50% To Check Hoarding

The wholesale price has crossed Rs 80 per kg in Delhi’s Azadpur mandi. New Delhi: 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. According to the Union Ministry of Consumer … Read more Government Cuts Onion Stockholding By 50% To Check Hoarding

AAP Leader Wears Garland Of Onion To Protest Against Shortage, Price Rise

Sanjay Singh, wearing a garland of onions, raised slogans outside the Parliament. New Delhi: AAP MP Sanjay Singh on Tuesday said that the central government is involved in a “big onion scam.” Mr Singh, wearing a garland of onions, raised slogans in front of Mahatma Gandhi’s statue in the Parliament premises against rising onion prices. … Read more AAP Leader Wears Garland Of Onion To Protest Against Shortage, Price Rise

AAP Government Misleading People, Didn’t Demand Onion From Centre: BJP

Onion prices in Delhi increased from Rs 40-50 per kg to nearly Rs 100 a kg over past few days. New Delhi: The Delhi BJP unit accused the Arvind Kejriwal government on Thursday of not making any demand for supply of onion from the Centre, and claimed that the ruling AAP was trying to politically … Read more AAP Government Misleading People, Didn’t Demand Onion From Centre: BJP

Cabinet approves import of 1.2 lakh tonnes onion: Finance Minister Nirmala Sitharaman

New Delhi: The Cabinet on Wednesday gave its approval to the Food Ministry’s recent decision to import 1.2 lakh tonnes of onions in a bid to improve the domestic availability of the key kitchen staple and check prices. Finance Minister Nirmala Sitharaman informed about the decision at a media briefing after the Cabinet meeting. On … Read more Cabinet approves import of 1.2 lakh tonnes onion: Finance Minister Nirmala Sitharaman

Export authority asked to pay Rs 54 lakh to onion trader for deficient service

MUMBAI: The Maharashtra State Consumer Dispute Redressal Commission has directed the Export Credit Guarantee Corporation of India (ECGCI) to pay over Rs 54 lakh to an onion exporter for deficiency in service. In its order passed on Wednesday, the commission asked the ECGCI to pay Rs 48,70,234 towards the loss suffered by the exporter, Rs … Read more Export authority asked to pay Rs 54 lakh to onion trader for deficient service

Rising onion prices fueling India inflation, not rates

By Anirban Nag India’s headline inflation probably breached the central bank’s 4% medium-term threshold last month, but that surge — driven by high onion prices — is unlikely to distract monetary policy makers from their focus on growth. Economists pegged the gains in consumer prices at 4.35% in October, according to the median of 33 … Read more Rising onion prices fueling India inflation, not rates

Tax Officials Raid Madhya Pradesh Onion Traders, Expose Major Racket

Sources say that the actual tax evasion figures of the onion racket could be even higher. Bhopal:  A survey of shops and godowns owned by six major onion traders in Madhya Pradesh’s Shajapur district by income tax officials on Tuesday has led to the disclosure of unaccounted income amounting to Rs 5 crore as well … Read more Tax Officials Raid Madhya Pradesh Onion Traders, Expose Major Racket

In Delhi, onions sell at double wholesale rate

DELHI: Among India’s eight largest metros, consumers in Delhi are the most short-changed by retailers of onions with margins between the wholesale and retail prices being much higher than other cities. The data also shows that a sudden increase in prices does temporarily impact a retailer’s margins, but they soon adjust, though a fall in … Read more In Delhi, onions sell at double wholesale rate

Wholesale onion prices fall below Rs 30/kg at Lasalgoan after govt measures

MUMBAI: Onion prices declined below Rs 30 per kg level at Lasalgoan in Maharasthra, Asia’s largest wholesale market for the bulb crop, after the government banned export and imposed stock limit on traders. The maximum wholesale rate of onion at Lasalgoan in Nasik district have declined from the peak of Rs 51 per kg during … Read more Wholesale onion prices fall below Rs 30/kg at Lasalgoan after govt measures

Onion trade in Nashik disturbed as farmers, traders protest stock limit

Pune: Onion auctions were in limbo a day after the government set stock limits, and farmers were left in the lurch with their produce, as traders keep most primary markets in Nashik closed, demanding a cushion period. At some Agricultural Produce Market Committees (APMC), the farmers forced the wholesale mandis to close as auctions started … Read more Onion trade in Nashik disturbed as farmers, traders protest stock limit

Nashik: Onion markets remain shut as traders and farmers protest against export ban

Due to a dip in onion sowing ares in Maharashtra and Karantaka, prices have soared in the last few months. Trade in most of the onion markets in Nashik districts remained suspended on Monday as farmers took to the roads to protest again the export ban on the bulb. Protests are expected to intensify in … Read more Nashik: Onion markets remain shut as traders and farmers protest against export ban

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