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Vendors carry onion sacks at a market in Mumbai

Onion prices could touch Rs 100/kg by Oct as heavy rain damaged early-kharif crop, rabi stock

Over the last two weeks, wholesale and retail prices have more than doubled in several markets across India, including the largest wholesale onion market in Nashik.
Gunny bags of onions | Dhiraj Singh/Bloomberg

Onion prices could spike again in Sept-Dec as govt’s short of buffer stock procurement target

The government had nearly doubled its buffer stock target to 1 lakh metric tonnes after last year’s price rise, but so far, it has only procured 45,000 MT.
Stock limits imposed on onions under the Essential Commodities Act led to skyrocketing prices late last year | File photo: PTI

Poor storage, panic imports, govt failures led to 2019 onion crisis. It could happen again

Excess monsoon destroyed the kharif onion crop, but there was much administrative failure that led to the prices crossing Rs 150 per kg.

Can India handle frequent onion crisis without fixing its distortionary farm economics?

Onion prices have surged across India again, ranging from Rs 90 per kilo to Rs 200 per kilo.
A worker sews up a sack full of onions

NAFED wasted over 30,000 MT onions, more than half of its buffer stock, amid soaring prices

NAFED stored its buffer stock of 57,372 MT onions using traditional methods as opposed to cold storage. Over half of it got destroyed due to moisture & rain.

Apple trade from Kashmir sees a 44% dip in October-end, militant attacks blamed

On average each day in October, only 3,200 metric tonnes of apples came from Kashmir to Azadpur Mandi compared to 18,250 metric tonnes in the same period last year.
Workers sort onions at the Agriculture Produce Market Committee wholesale market in Lasalgaon, Maharashtra | Dhiraj Singh/Bloomberg

Govt considers stock limit option to cut onion prices but Maharashtra polls an obstacle

Minister Ram Vilas Paswan says govt reluctant to impose stock limit as it could severely hit income of farmers in Maharashtra by bringing down prices.

On Camera

Retiring early can be bad for the brain

Retiring early and working less has many benefits, such as reduced stress, better diets and more sleep. But as we found, it also has adverse effects.
File photo | RIL chairman Mukesh Ambani | Sanjit Das/Bloomberg

Reliance Retail gets $1 billion from Silver Lake for 1.75% stake

Reliance announced on 9 Sept that the California-based private equity firm with stakes in technology-related companies will pay the amount as part of the deal.

Defence

Representational image | Indian soldiers at the Line of Control in Jammu and Kashmir | PTI

No ‘major’ build-up at LoC but Pakistan pushing new Chinese-made assault rifles into Kashmir

Security forces have recovered EMEI Type 97 NSR rifles, manufactured by Chinese firm Norinco, which they believe were dropped into J&K through drones.
Illustration by Soham Sen | ThePrint

If Modi is a true reformer, he’ll bury Vodafone ghost and campaign on reforms in Bihar

No politician sees economic reform as a vote-catcher; it’s the old, povertarian economy that gets votes. Can Modi bring farm and labour reforms centre-stage?