High gold prices, logistical constraints on delivery, uncertainties surrounding wedding schedules, income anxieties and lockdown in various degrees make it an unusual period that is bound to seriously restrict gold demand.
Onion prices at eye-watering Rs 150 per kg; imports underway to boost domestic availability, check rates
In metros, retail price of onion was ruling at Rs 120 /kg Kolkata, at Rs 102/kg in Delhi and Mumbai and at Rs 80/kg in Chennai, as per the data maintained by the consumer affairs ministry.
Govt contracts import of additional 12,660 tonnes of onions; shipment to reach India from 27 December
WIth this latest import, the total quantity of onion imported that have been contracted so far reached approximately 30,000 tonnes
Onion prices up 10-fold this year but imports from Afghanistan, Turkey take off further sting from spiralling rates
MMTC has contracted 11,000 tonnes of onion imports from Turkey and the consignments are expected in January next year.
Social worker files criminal complaint against Union minister Ram Vilas Paswan in Bihar over onion price rise
A criminal complaint case was filed against Union minister Ram Vilas Paswan in Muzaffarpur Civil Court on Saturday for "misleading and cheating" people on the rise in the price of onions.
Onion prices will stay high for some time; restrain or abstain like Sheikh Hasina, Nirmala Sitharaman
The delayed arrival of monsoon in the onion-growing regions affected the early Kharif crop.
#OnionPrices trends on Twitter as price of kitchen staple surges; 'Even Teja would've opted for onion farming', says one user
Amidst this, people are taking to social media platforms – especially Twitter – to respond to the price hike in the vegetable.
Onion crisis: MMTC places yet another import order of 4,000 tonne kitchen staple from Turkey; govt to issue three more tenders
MMTC is importing onions on the behalf of the government, which is trying to check prices of the onion by improving domestic supplies through various modes, including imports.
Govt reduces onion stock holding limit for retailers, wholesalers to 5 tonnes from 25 tonnes; move aimed to curb rise in prices
The revised stock holding limit would not be applicable for imported onions
Onion price may touch Rs 150 per kg in Kolkata, claim traders; kitchen staple rates to stay high till January
The Centre has already banned onion exports and decided to import 1.2 lakh tonnes, besides imposing stock holding limit on traders.
Onion price rise: MMTC to import 11,000 tonne kitchen staple from Turkey to boost domestic supply, ease soaring prices
According to sources, MMTC has contracted 11,000 tonnes of onion imports from Turkey and the consignments are expected in January next year.
Among the four metros, onion is being sold at Rs 76 per kg in the national capital, Rs 92 in Mumbai, Rs 100 per kg in Kolkata and Rs 80 per kg in Chennai
Wholesale prices of onion cross Rs 100 per kg in Maharashtra; rates to stay high till arrival of fresh stocks in markets
On Wednesday, the government extended prohibitions on traders from the stocking of the edible bulb across the country for an indefinite period even as the onion prices continue to rule high at Rs 80-90 per kg.
Public sector trading firm MMTC has contracted to procure 6,090 tonnes of onion imports to boost domestic supply and ease prices, according to sources
Govt extends relaxed fumigation norms for onion imports till 31 December; move aims to improve domestic supply, check prices
In its latest order, the ministry has extended these relaxed provisions till 31 December for onion imports with some conditions.
PSU stocks grab limelight on reports of govt reducing stake below 51% in state-owned cos; BHEL jumps over 22%
PSU stocks were in huge demand on Friday and zoomed up to 22 percent, led by BHEL, in-tandem with a bullish broader market trend
Onion prices touch record Rs 4,500 a quintal, steepest since December 2017; rates triple since July this year
The price of onions has almost tripled since 31 July this year, when the rate was recorded at Rs 1,250 per quintal at Lasalgaon.
Onion price rise temporary phase, country has buffer stock to meet shortage; govt boosting supply: Ram Vilas Paswan
Among metros, onion was quoting at Rs 34 per kg in Chennai, Rs 43 per kg in Mumbai, Rs 44 per kg in Delhi and Rs 45 per kg in Kolkata on Friday, the ministry data showed.
Shares of State Trading Corporation (STC) and MMTC on Tuesday tumbled up to 20 percent amid reports of closure of their business
Commerce and Industry Minister Piyush Goyal said on Tuesday that all options are open with the ministry for closure or merger of three public sector undertakings - MMTC, STC and PEC