Petrol and diesel prices in India have continued to rise, despite 25-33 on-year percent fall in international crude oil prices, widening the divergence between retail fuel prices in India and crude oil prices across the globe. Between the centre and the states, the governments are collecting a whopping 204 per cent taxes on the base […]
Petrol and diesel prices rose twice last week as crude oil recovered from the steep fall it had amid global lockdown. As the country is getting ready to shake down the lockdown blues, petrol and diesel prices in India have started climbing up again with the rise in crude oil prices even as fuel prices […]
Strawberry growers in Uttar Pradesh’s Sambhal district are facing huge losses this season amid the nation-wide lockdown due to coronavirus outbreak and they are forced to uproot their produce as they are unable to sell it in the markets, reports ANI news agency. Earlier the strawberry growers here had to suffer losses following a hailstorm, now that the markets are […]
India’s Aviation turbine fuel (ATF) consumption collapsed by 94 per cent in April 2020 as most airlines have stopped flying. Fuel consumption slumped by a record 50 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel. According to provisional industry data […]
The stockpiling of harvested and un-harvested perishables may have already caused farmers a loss of around Rs 15,000 crore, agri experts have estimated. Market arrivals of fruits and vegetables have sharply fallen since the imposition of the lockdown. Extended by another month, losses could swell to Rs 40,000-Rs 50,000 crore, if not more, traders and […]
The Western Disturbance seen as a trough in mid and upper tropospheric westerlies is likely to affect northwest India during 6th-8th April 2020, says the morning weather forecast report. As per Indian Meteorological Department, scattered to fairly widespread rain/thundershowers is likely to lash over Western Himalayan region on 7th and 8th and over Punjab and […]
Recently in Netherlands and Denmark farmers dumped and destroyed tonnes of orchids for lack of exports and buyers. The orchid season of the Dutch countries is all but over, thanks to COVID-19. In India too, roses seem to have lost their charm and fragrance, at least for growers in Maval region of Maharashtra who are […]
After enduring the rise in onion prices for months, the Congress government in Madhya Pradesh accused the Centre of harming farmers’ interest by importing onions from Turkey at a time when local bulbs are arriving in the market, PTI reports. While onion prices hovered at Rs 100 per kg for the last two months, the staple is […]
Public sector trading firm MMTC, which has been tasked to import onion on behalf of the Centre to cool prices, has contracted to import 6,090 tonnes from Egypt, and the edible bulb will be supplied to states in a price range of Rs 52-60 per kg. Last week, the Union Cabinet decided to import 1.2 […]
Vegetable prices have risen by up to 50 per cent the past two weeks in across Maharashtra due to a sharp decline in supply, as unseasonal rain delayed harvesting and damaged crops, reports Business Standard. Onion wholesale prices in Mumbai surged by 52 per cent to trade at Rs 47 a kg, from Rs 31 a […]
