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TRADERS BLAME SUPPLY
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
Maharashtra farmer sells 25 sacks, gets nothing, asked to pay Re 1 insteadA farmer from Paithan, Maharashtra, received just Re 1 after selling 25 sacks of onions. This incident underscores the severe agrarian cris...
Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Global oil market reacts to US-Iran tensions. Here's analysts insights and market outlookWhy are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Oil prices jumped after the United States ...
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
Potato traders threaten strike from Tuesday if West Bengal doesn't allow selling to other statesPotato traders in West Bengal threaten a strike over restrictions on selling to other states, imposed to control local prices. The wholesal...
Onion prices soar in Delhi; traders blame it on supply shortageThe price of onions surged significantly on Saturday, nearly doubling from the previous rate, thereby placing additional strain on househol...
India rice export prices stay high on strong demand, limited supplyTop exporter India's 5% broken parboiled variety was quoted at $393 to $398 per tonne this week, up from last week range of $387-$395.
Rice export rates rise in key hubs as demand firmsTrade and government sources had said last week India that does not plan to curb rice exports as it has sufficient stocks and local rates a...
Consumers from Karnataka to get tur dal at Rs 130/kg from todayTraders from Maharashtra and Karnataka have decided to sell tur dal, a staple of most Indian households, at reasonable prices to consumers.
Delhi government to ask big onion traders to import in large quanityGopal Rai and Food and Supplies Minister Asim Ahmed Khan held a review meeting with the traders of Azadpur vegetable market to discuss the ...
Eggs in Mumbai at all-time high of Rs 60 a dozen, bread scarceDistributors blamed the shutdown on labour unrest, but Hindustan Unilever, owner of Modern brand, said the shutdown was for a safety upgrad...
Onion price rise: Nashik farmers put blame on hoardersIt has been revealed that most of 300-odd local market committees that control prices dominated by BJP, Congress and NCP politicians.
Congress criticises government for rising inflation"It's a very weird situation. The tone of BJP has suddenly changed after coming into power. Earlier they promised good days to people, now ...
Narendra Modi government finding excuses for non-performance: CongressCongress on Tuesday attacked Finance Minister Arun Jaitley for attributing rise in inflation partly to hoarding by traders.
Traders make 150 crore in 4 days with hoarded onionsTraders flooded markets across the country with 5 lakh quintals of hoarded onions from August 12 to 15 raking in Rs 150 crore.
- Basu blames trader cartels for high onion prices
He said India may have to live with rising food prices, indicating that price pressures in the economy are here to stay for some more time.
- New year, old problems
Bad politics constrains growth today. It is time politicians admitted the fact and took responsibility for the economy’s problems.
- After onions, now tomato prices rocket
Delhiites are dishing out up to Rs 50/kilo for the vegetable in many colonies. Wholesale traders blame retailers for marking up prices, say...
- Oil prices breach $107 after OPEC rejects output hike calls
Oil prices jumped above 107 dollars per barrel on Monday after OPEC oil exporters rejected Western calls to increase output and dampen the ...
- Chana traders divert ships to Pak
With chana prices nosediving in the Indian markets, traders have started to divert ships carrying chana to Pakistan.