All stories by Dilip Kumar Jha
Why poultry, mutton prices have surged by 20%
Rediff.com2 Jan 2020Mutton is retailing here at Rs 600 a kg, from Rs 500 a kg about a month before. Price of broiler chicken is Rs 150-160 a kg, as compared to Rs 130 a kg earlier.
Silver price jumps 8% in two weeks; gold follows suit
Rediff.com27 Dec 2019Gold-silver ratio indicates more upsurge possible for the white metal.
Explained: The Onion Story, in charts
Rediff.com16 Dec 2019Experts believe the rising prices may encourage farmers to bring in additional areas for under onion cultivation during the rabi season, which may boost the precious bulb's output, reports Dilip Kumar Jha.
Farmers are worried despite high onion prices
Rediff.com12 Dec 2019Despite onion prices hitting Rs 130 a kg in the wholesale market, farmers have not gained enough to make a profit this season. Farmers and other stakeholders in the value chain estimate that 30 per cent crop damage this kharif season would result in a decline of about 2 million tonnes in output from Lasalgaon district alone. Similar crop damage across the country could lead to an onion shortage of nearly 7 million tonnes this year.
Why onion farmers are harvesting premature crop
Rediff.com11 Dec 2019Farmers in Nashik district, Maharashtra - a major producer of onion - have started harvesting the premature crop to cash in on the high prices in mandis. Good-quality onion was quoted at Rs 93.50 a kg on the higher side. However, the poorest-quality onion was selling at Rs 25.50 a kg on Wednesday as against Rs 20 a kg on Tuesday. Thus, the model price of onion works out to Rs 70-75 a kg in Lasalgaon, translating into Rs 100-125 a kg in the retail markets of the country.
Onion prices may decline by half in 2 weeks
Rediff.com11 Dec 2019Onion prices are likely to decline by 50 per cent in the next two weeks, as arrivals of seasonal and pre-seasonal varieties of "red onions" from Maharashtra, Gujarat, and Karnataka increase sharply. Arrival of pre-matured onions has already brought down prices by 42 per cent since Sunday.
How not to get duped by rogue jewellers
Rediff.com20 Nov 2019The industry body has issued two advisories in an attempt to restore jewellers credibility in the wake of the Rs 12,000-crore PNB-Nirav Modi scam, and recent defaults by two domestic jewellers - Goodwin and Rasiklal.
Gold is selling at a premium for the first time since Budget
Rediff.com15 Nov 2019The yellow metal now trades at a 0.5 per cent premium over its landed cost, compared to a 4 per cent discount in mid-September because jewellers have voluntarily withdrawn the display of cash price from their website.
Code of conduct soon for jewellers
Rediff.com13 Nov 2019Confidence had ebbed in the last few years due to default by some errant domestic retailers and exporters. Moreover, many jewellers are believed to have diverted the fund collected through monthly deposit schemes to pay 'mark-to-market' margins on various loans.
Mumbai sees green vegetable prices double in 4 weeks
Rediff.com12 Nov 2019'The availability of vegetables has gone down due to fewer arrivals in wholesale mandis. Their supply was disrupted because of low yields and high spoilage,' says Shyam Bhimraoji Karlekar, chairman, APMC Wardha, one of the largest sellers of vegetables in Maharashtra.
India's pulse imports to rise this year
Rediff.com7 Nov 2019Scenario is precarious for urad with almost half the crop damaged in major growing states, tur quota of 400,000 tonnes already exhausted.
Onion prices spurt to four-year high
Rediff.com5 Nov 2019Onion is currently trading between Rs 70 and Rs 80 in retail markets across the country.
As demand revives, festival season likely to cheer jewellers
Rediff.com18 Oct 2019Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali.
Will China throw a lifeline for India's agri exports?
Rediff.com13 Oct 2019On the occasion of Chinese president Xi Jinping's two-day visit, Indian exporters are looking for a big boost in export of agricultural commodities, especially the ones that have been impacted by the ongoing trade war between the United States and China.
As Maharashtra farmers protest, onion prices soar again
Rediff.com9 Oct 2019Assembly elections in Maharashtra are scheduled later this month. The farmer protests are likely to affect the results, especially in the onion-growing belt of Nashik.
Farmers' protest over onion stock leads to price fall
Rediff.com1 Oct 2019With auctions unable to proceed, the median onion price declined 17 per cent or Rs 6 a kg to trade at Rs 30 a kg on Monday, with arrivals of around 500 tonnes.
After onion, now tomato prices go up thanks to rains
Rediff.com29 Sep 2019Trade sources believe that tomato supply from Maharashtra has slumped due to incessant rain in the state towards the fag end of the monsoon season, reports Dilip Kumar Jha.
At Rs 60 a kg, onion makes Mumbai cry
Rediff.com24 Sep 2019Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far, reports Dilip Kumar Jha.
Onion price hits 20-month high despite govt's measures
Rediff.com17 Sep 2019At Lasalgaon mandi, Asia's largest onion selling market, the onion price jumped Rs 1.50 a kg to Rs 32 a kg, the highest since January last year.
US-China trade war a 'golden' opportunity for India
Rediff.com12 Sep 2019The US is the largest consumer of gems and jewellery in the world contributing nearly 40 per cent of global production. If India can tap the opportunity, its overall exports to the US could jump by 10 per cent to $ 11 billion this year.