Onion prices have spiked by 21 per cent within four days, reaching a five-year high of over Rs 60 per kg in several markets, which experts suggest may influence inflation figures for November, according to a report by The Economic Times. Alongside onions, the costs of potatoes and cooking oils are expected to remain high this […]
A total quantity of 2.60 lakh tons of onion have been exported during the first four months of the current financial year (2024-25) till July 31, the Parliament was told on Wednesday. The government has lifted the onion export prohibition from May 4 and has allowed exports with a minimum export price (MEP) of $550
India’s onion exports touch 2.6 lakh tons mark in April-July Read More »
India, the world’s largest producer of banana, has swiftly moved to take advantage of the space created by Latin American country Ecquador in Russian market as a Mumbai-based exporter has sent a consignment of 20 tonnes (1540 boxes) of bananas to from India to Russia via sea route. Flagging off the consignment on February 17,
India Turning New Leaf In Banana Export As Russia Turns To India To Source Banana Read More »
Trying to rein in soaring onion prices, the central government Saturday imposed a steep Minimum Export Price (MEP) of $800 per metric tonne. This comes after the 40 per cent export duty imposed in August, and is directed to improve domestic availability of onions in the country. Facing Assembly elections in multiple states and the Lok
After Import Duty, MEP of $800/MT on Onion Export Read More »
India’s overall exports have crossed an all-time high of $750 billion, Union Minister of Commerce Piyush Goyal said on Tuesday. The country’s exports have risen from $500 billion in 2020-2021 to this figure in extremely challenging times, he said, referring to adverse economic conditions globally due to a combination of factors including high inflation and
India’s exports cross an all-time high of $750 billion Read More »
Onion prices have increased in Bangladesh after India hiked export prices of the produce, which caters to a large portion of demand here. According to traders, onion prices have risen by up to Tk 5 in one week. The Indian commerce ministry on June 17 fixed the lowest export price of onion at $300 a
In Europe the outlook is generally good, with Italy and Spain experiencing particularly high prices, and Germany seeing an increase in demand. This is needed, as many countries continue to feel the squeeze of higher costs of production, as well as logistics. For the most part, the harvests seem to be positive, although France has
India is the second largest producer of the fruits and vegetables in the world after China. The country has diverse topography and climate, which ensures availability of fruits and vegetables in every season. During 2021-22, India produced 204.61 million metric tonnes of vegetables and 107.10 million metric tonnes of fruits. The area under cultivation of
The red rich fruit is known to be one of the healthiest for a reason. It is called as a divine fruit because it is the most mentioned fruit in theological books. Pomegranate has anti-oxidant, anti-viral and anti-tumor properties and is said to be a good source of vitamins, especially vitamin A, vitamin C, and
Health benefits of pomegranate: From boosting immunity to protecting your heart Read More »
India’s fruit exports: An overview The Economic Survey 2020-21 identified agriculture as the sole bright spot amid the economic crisis triggered by the Covid-19 pandemic. The sector faced several adversities as the harvesting season clashed with the lockdown period. This led to a shortfall of working hands due to reverse migration and a shortage of
Fruit Export: Indian Fruits Trade & The Global Market Read More »
