Centre cuts onion export responsibility to twenty%, raises Customs levy on crude and refined edible oils

The Centre continued its farmer-friendly insurance policies late into Friday evening, decreasing the export responsibility on onion to twenty per cent and elevating the Customs responsibility on edible oils by 20 per cent . The choices are timed forward of the harvest of kharif crops due shortly. They have been taken by the Cupboard Committee … Read more

Potato to drive veggie inflation to double digits

Vegetable inflation for April is anticipated to hit double digits with potatoes main the pack in over 12 per cent rise in a single month and round 37 per cent over a yr. Vegetable together with general retail inflation primarily based on Shopper Value Index (CPI) shall be made public on Could 13. Greens have … Read more

Potato costs to push veggie inflation in double digit, low Rabi crop threatens onion

Vegetable inflation for April is anticipated to hit double digits with potatoes main the pack in over 12 per cent rise in a single month and round 37 per cent over a 12 months. Vegetable together with total retail inflation primarily based on Client Worth Index (CPI) will likely be made public on Could 13. … Read more

Govt permits exports of over 1 lt onion to six neighbouring nations

Quickly after permitting the export of two,000 tonnes of white onion, the Union authorities introduced on Saturday its resolution to allow the export of a further 99,150 tonnes of onion to 6 international locations — Bangladesh, Bhutan, Sri Lanka, UAE, Bahrain, and Mauritius. Regardless of the ban on onion exports since final yr, the federal … Read more

India permits sugar, rice and onion exports to Maldives

India on Friday allowed the export of important objects equivalent to eggs, potatoes, onions, rice, wheat flour (atta and maida), sugar, dal (processed pulses), stone combination and river sand to Maldives, prescribing a quantitative restrict for every merchandise through the 2024-25 fiscal below the bilateral commerce settlement between each the international locations. Presently, India has … Read more

India set to carry ban on onion exports however might cap shipments at 3 lakh tonnes

The Centre has determined to withdraw the ban on onion exports however will cap the shipments. Nevertheless, farmers argue that the transfer will profit the merchants extra because of the resolution. Bharti Pawar, Union Minister of State and MP from Nashik, introduced the Centre’s resolution to withdraw the ban on onion exports.  Pawar, who represents … Read more