Onions

States shun imported onions despite Centre offers at Rs 55 per kg landed cost; govt fears stock may rot in godowns

Forced to import onions to check spike in prices, the Union Government now fears that the key kitchen staple may rot in godowns as states have shown little interest in buying them despite its offer to bear the transportation cost

Retail inflation surges to over 5-year high of 7.35% in December, surpasses RBI's comfort level

Retail inflation rose to about five-and-half year high of 7.35 percent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of vegetables as onions were selling costlier

First batch of 790 tonnes of imported onion reach Mumbai; 12,000-tonne kitchen staple expected to arrive by month-end

The first batch of imported onion weighing 790 tonnes has reached India and some quantities are being distributed to Delhi and Andhra Pradesh at a landing cost of Rs 57-60/kg, a senior Consumer Affairs Ministry official said on Monday

Onions sell at record price of Rs 130 per kg in wholesale market in Lasalgaon; rates to go up even further, caution traders

Lasalgaon, the country’s largest wholesale market for onions in Maharashtra, is witnessing a dip in supply of onions

As onion prices bring tears to consumers' eyes, Twitter finds relief in memes; Opposition criticises government's failure in tackling crisis

While some are blaming the government, others are combating the soaring prices by flooding Twitter with memes and jokes with the hashtag #Onionprice

Truck carrying onions worth Rs 22 lakh found empty in Madhya Pradesh’s Shivpuri, police register a case

Amid soaring onion prices, a trader claimed on Thursday that his consignment of the bulb, worth Rs 20 to 22 lakh, has possibly been stolen

Retail inflation probably breached RBI target in October, reveals poll; official data will be released next week

Indian retail inflation probably exceeded the Reserve Bank of India’s ( RBI) medium-term target of 4 percent in October for the first time in 15 months, mainly because of rising vegetable prices, a Reuters poll of economists showed

MPC will definitely go for a rate cut, but will it turn around slowing investment cycle and spur demand?

The MPC is officially supposed to target CPI inflation which remains in the comfort zone of 3-3.2 percent which is less than the 4 percent benchmark

Centre bans export of all varieties of onions with immediate effect to curb rising prices, no definite deadline when prohibition will be lifted

The Centre issued a ban on the export of onions with immediate effect on Sunday in a bid to check the rising prices across the country.

Centre plans to make Essential Commodities Act simpler, may replace jail term with penalty, fine; seeks suggestions from states

The proposed amendment in the Essential Commodities Act is being done in consultation with the NITI Aayog with an aim to boost investment and ease of doing business without compromising on consumer protection.