Experts 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.
Rio Tinto, one of the largest global miners, has started a trial run of diamond mining operations from its Bunder project in Madhya Pradesh.
A Rashtriya Janata Dal member of Legislative Assembly was on Thursday arrested after he allegedly beat up a senior government official for "refusing" to take up the agenda brought by his wife and zilla parishad chairperson Kalpana Devi during a meeting in Godda, Jharkhand.
If the government takes a progressive view and the industry co-operates for arriving at a pricing mechanism, it will be a win-win for all, Raju Barwale, managing director of Mahyco (Maharashtra Hybrid Seeds Company Ltd), tells Dilip Kumar Jha.
Essential items are 65 per cent costlier than last year; traders blame it on higher MSP, confusion in govt.
Diamond Trading Corporation, the marketing arm of the world's largest diamond producer De Beers, is planning to increase its intake by 25 per cent from its last year's sale of $3.5 billion.
As the shift from hand-crafted to machine-made ornaments did not serve the purpose, with neither the cost of machine-made jewellery declining nor jewellers finding innovative designs, the industry goes back to 'hand-crafted' ornaments for both domestic and overseas buyers, reports Dilip Kumar Jha.
Trade 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.
A sharp decline in sales and prospects of a grim future have resulted in a fall in jewellery stocks.
'We have entered the commodity space with a long-term view.'
At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
'The government is of the view that distilleries around Hapur and Bijnor would pollute groundwater in the vicinity and its spill over into the sacred Ganga. Hence, we are looking to close these distilleries to prevent them from discharging water into the open area,' said a senior UP government official.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
Despite the onset of wedding season, the situation in apparel retail market remained unchanged and saw sharp decline in sales
Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.
Jewellers initially feared the ban applied on them, too. However, after discontinuing their monthly schemes for almost two weeks, they've started accepting deposits again.
Onion 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.
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
Many offer personalised ornaments with 3D printed images and engraved names to lure customers in a scenario of high gold prices.
They are worried at more than one forecast of a possibly weak monsoon, reports Dilip Kumar Jha.
Here's why consumers are shifting to large brands.
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...
'Onion supply to mandis has declined due to its lower availability.'
The concept of gold as an asset capable of getting anytime money is evaporating.
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