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  • Sunday, April, 2024| Today's Market | Current Time: 07:21:21

    • Economy

    Food inflation up at 12.13 pc, thanks Onion&Veg

    Food inflation is once again back to double-digit at 12.13 per cent for the week ended December 17 as the prices of vegetables, particularly onions, rose for the third consecutive week. Food inflation registered a sharp increase during the week under review from 9.46 per cent in the previous week to enter double digits for […]

    Economy

    Onion prices will drop in next few days: Dikshit

    Chief Minister Sheila Dikshit said that prices of onion will come down in the next few days as the Centre and Delhi government have taken a series of measures to bring down the rates. “Both the Centre and Delhi governments have taken a series of measures and the impact has been seen in the wholesale […]

    Economy

    Govt extends ban on onion export beyond 15th Jan

    The government has extended the ban on export of Onion beyond 15th of January and abolished Customs Duty on its imports to bring down the soaring prices. Briefing reporters in New Delhi yesterday, Commerce Secretary Rahul Khullar said that the heads of the state trading corporations have been asked to look into the availability of […]

    Economy

    Import duties on onion abolished; exports banned

    In a bid to cool the skyrocketing retail prices, govt has abolished import duties on onion and banned its exports for an indefinite period even as wholesale prices started showing signs of decline. However, the retail prices of the staple vegetable in markets across the country have not shown any change from Tuesday’s level of […]

    Economy

    Govt goes all out to check high onion prices

    Govt on Wednesday unveiled multi- pronged measures to check high onion prices, including removal of import duties, an indefinite ban on exports and asking state agencies to import the commodity, as retail prices continued to hover around Rs 70-80 a kg. While wholesale market prices of the kitchen staple recorded a 40 per cent drop in […]

    Economy

    World Bank approves $1.5 bn for rural roads

    The World Bank has approved a USD 1.5 billion Credit and Loan for India’s Pradhan Mantri Gram Sadak Yojana (PMGSY) aimed towardsimproving rural accessibility of roads. The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said in a statement. Over the next five […]

    Economy

    Price rise will be contained soon: Rahul Gandhi

    Asserting that the priceline would be contained soon, Congress leader Rahul Gandhi has said that the Prime Minister would fix the problem. “We are going to make sure prices are lowered. Leave it to the Prime Minister,” he said while interacting with Congress members in Chennai on Wednesday. In response to Gandhi’s advice to party […]

    Economy

    Customs duty on onion imports slashed to zero

    With onion prices skyrocketing to as much as Rs 85 per kg in some retail markets, the Indian government said it has brought down customs duty on imports of the commodity to zero from 5 per cent. “The customs duty on onions has been brought down to zero,” Finance Secretary Ashok Chawla told reporters in […]

    Economy

    PM expresses concern over onion prices

    Onion prices on Tuesday continued to soar across the country, touching up to Rs 85 per kg in some retail markets as the govt virtually pleaded helplessness for another two-three weeks while Prime Minister Manmohan Singh stepped into the scene. The prices of onions have soared to Rs 70-80 per kg in retail markets from […]

    Economy

    Onion prices will moderate after 3 weeks: Pawar

    The government has said prices of onions are likely to remain high for the next three weeks, but the situation is likely to improve thereafter in the wake of its move to ban exports of the commodity. “Onion prices will remain high for the next three weeks and the situation is likely to improve only […]

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