Onion hits 8-month high on supply disruptions, low arrivals

Onion prices saw a remarkable jump, hitting an eight-month high on account of a sharp increase in demand by stockists in both, domestic and overseas markets amid reports of low arrivals in the country’s major mandis. Data compiled by the National Horticultural Research & Development Foundation (NHRDF) showed that the model price of onion in… Continue reading Onion hits 8-month high on supply disruptions, low arrivals

Poultry producers cash in on beef slaughter ban as demand for chicken rises

India’s poultry producers are posting record profits as feed costs have dropped to a five-year low and on rising chicken demand after cattle slaughtering restrictions were enacted in the majority Hindu country. Poultry company profits should continue to rise as raw material costs are set to remain depressed and demand rises due to the political… Continue reading Poultry producers cash in on beef slaughter ban as demand for chicken rises

Crop loan waiver in UP could cost BJP govt less than Rs 8,000 cr

Crop loan waiver in UP With agriculture contributing over 27 per cent to Uttar Pradesh’s net state domestic product, the incoming Bharatiya Janata Party government’s promise to waive loans taken by small and marginal farmers, an assurance Prime Minister Narendra Modi repeated several times during his campaign, looks impressive on paper and could go a long… Continue reading Crop loan waiver in UP could cost BJP govt less than Rs 8,000 cr