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IMPORT DUTY ON ONION
Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risksIndia's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, r...
Thali costs rise in April on higher tomato, vegetable oil, LPG pricesHome-cooked vegetarian and non-vegetarian thali costs rose 2% year-on-year in April, primarily due to increased prices of tomatoes, vegetab...
Onion prices soar to 5-year high amid supply woes, exports boostOnion prices in India have surged due to poor quality kharif crops and increased export demand. The price spike follows a supply shortage a...
Govt steps up buffer stock sale to control onion prices after export duty removalThe government is taking steps to control onion prices by increasing the sale of buffer stock in wholesale markets. Consumer Affairs Secret...
Maharashtra assembly polls fire up kitchen staple pricesOnions have become about 12% costlier in a week following the government's move to free up exports, according to the executives. Sugar pric...
PM Modi says easing export rules on basmati rice, onions will boost farmers' income, create rural jobsThe government on Saturday raised import duty on crude palm oil to 20 per cent and on refined sunflower oil to 32.5 per cent, aiming to sup...
Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies"Soyabean prices have been low as the crushing of our own crop was less due to higher imports of cooking oils. Low import duties and low pr...
Onion exports: India lifts ban on sending onions out of the countryIndia has lifted the ban on onion exports after almost six months. The Directorate General of Foreign Trade set the Minimum Export Price at...
India imposes export duty of 40% on onionsCurrently, the export of onion is banned. However, the government allows shipments to India's friendly nations. It has permitted a specifie...
Govt bans onion exports till March 31, 2024 due to price surgeIndia has imposed a ban on onion exports until March 31, 2024, following a surge in domestic prices to Rs 40/kg due to crop damage from uns...
Tur and onion growers may be paid via DBT for procurementUntil now, the National Agricultural Cooperative Marketing Federation of India and National Cooperative Consumers' Federation of India Ltd ...
Why are onion exports continuing in substantial volumes despite an export duty of 40%? An explainerVeteran trade insiders say the reason why exports are still continuing in high volumes is under invoicing of onion prices by exporters, as ...
Centre and traders divided over deciding the market price of onions and riceExporters and government officials in India are divided on the correct market price of food grains and onions, on which customs duty is cal...
Centre can send mission to Sun, but it should first focus on onion issue in country: SaamanaThe Shiv Sena party criticized the Indian government for prioritizing space missions over addressing the onion issue in the country. They u...
Onion prices falling, govt to also ensure steady rates for tomato and pulses: Piyush GoyalGoyal said onion prices had fallen in recent days because of stock limits that were imposed and the ban on exports.
Government plans to import onions to prevent further spike in pricesNo government agency has authentic data available about the progress in sowing after the revival of rains in the country.
- Soaring onion prices: Centre scraps import duty, asks states to check hoarding
Stung by criticism for its failure to cool onion prices that touched Rs 80 a kg, the government scrapped import duty on the vegetable, took...
- Govt asks public sector companies to import onion
The government today asked its three trading companies, including MMTC, to import onion, a step coinciding with abolition of import duty on...
- Govt reduces customs duty on onion imports to zero
With onion prices skyrocketing to as much as Rs 85 per kg in some retail markets, the Indian government today said it has brought down cust...
- Govt buying back onions from Pakistan; exports banned till January 15
Traders are importing onions from across the border to take advantage of the vegetable's soaring prices in the domestic market.