Dilip Kumar Jha

All stories by Dilip Kumar Jha

India's gold demand to hit 11-year low in Q2 on high price

India's gold demand to hit 11-year low in Q2 on high price

Rediff.com1 Aug 2020

This was because of the closure of retail shops and factories after the nationwide lockdown was imposed to prevent spread of Covid-19, and a sharp increase in the metal's price.

US action against Hong Kong may boost India's jewellery export

US action against Hong Kong may boost India's jewellery export

Rediff.com27 Jul 2020

After China imposed a national security law on Hong Kong earlier this month, the United States on July 14 withdrew the special status granted to Hong Kong, and the United Kingdom, Australia, and Canada followed suit.

Vegetable prices plunge by up to 44% in the past three weeks

Vegetable prices plunge by up to 44% in the past three weeks

Rediff.com7 Jul 2020

In most cases, however, retail consumers are paying higher prices in the absence of direct procurement from aggregator or farmers.

As lockdown eases, demand for milk rises

As lockdown eases, demand for milk rises

Rediff.com11 Jun 2020

With the gradual opening up of shops, hotels, restaurants and catering services with limited number of participants, milk consumption has improved by 5-10 per cent from the lowest level.

Post-Covid, govt planning ban on sale of loose edible oil

Post-Covid, govt planning ban on sale of loose edible oil

Rediff.com31 May 2020

Branded and packaged edible oils are currently selling at around 50 per cent premiums over their loose varieties. Hence, products using edible oils would be costlier going forward.

APMC mandi in Navi Mumbai to go digital to combat coronavirus

APMC mandi in Navi Mumbai to go digital to combat coronavirus

Rediff.com16 May 2020

People in the know said plans were afoot to begin the sale of all food grains through online, with a major quantity through auctions that would be later extended to other commodities.

Vashi market to shut for a week, Mumbai faces vegetable shortage

Vashi market to shut for a week, Mumbai faces vegetable shortage

Rediff.com9 May 2020

The government of Maharashtra decided to shut operations at APMC Vashi mandi between May 11 and 17 after confirmed cases of Covid-19 surpassed 80 in the APMC and over 450 across Navi Mumbai, where the mandi is located.

Will Mumbai be hit by shortage of essential goods?

Will Mumbai be hit by shortage of essential goods?

Rediff.com7 May 2020

Vashi APMC traders see supplies to Mumbai impacted over movement curbs. A number of trucks sent to Mumbai from the market has reduced from 600 per day in recent times to around 300.

Even as rabi crop rots in fields farmers prepare for kharif season

Even as rabi crop rots in fields farmers prepare for kharif season

Rediff.com19 Apr 2020

Normally, kharif sowing of vegetable seeds starts during the first week of May across the country. Farmers start preparing their fields to make them suitable for kharif sowing during the second fortnight of April. Now, however, faced with the lockdown, farmers are in a hurry to clear their fields of rabi crop and prepare for kharif planting. With a normal monsoon forecast this year, they are doing all they can to take advantage of pre-monsoon showers.

Desperate, farmers in Nashik sell onions for Rs 3/kg

Desperate, farmers in Nashik sell onions for Rs 3/kg

Rediff.com7 Apr 2020

The model or average price for a kg of onion was Rs 6 on Monday -- the lowest in this late kharif and rabi harvesting season, so far. While poorer quality kharif onions traded at Rs 3 a kg, the price of export quality was Rs 9 a kg.

Poultry farmers in Karnataka, Kerala hit by bird flu

Poultry farmers in Karnataka, Kerala hit by bird flu

Rediff.com21 Mar 2020

Farmers in the two states have reportedly begun culling chickens, while the state governments have restricted supply of chicken across their borders.

Coronavirus fears halt export of buffalo meat

Coronavirus fears halt export of buffalo meat

Rediff.com15 Mar 2020

Since 2013-14, buffalo meat had been the largest export item in the agri commodity basket for a few years. Since the coronavirus outbreak in January, Indian exporters have received no fresh orders from Southeast Asian and West Asian countries, which cumulatively contribute nearly 65 per cent of India's overall buffalo meat shipment.

Potato prices jump by 25% due to crop damage, rains

Potato prices jump by 25% due to crop damage, rains

Rediff.com13 Mar 2020

Farmers reported a massive crop damage in transit in addition to huge quantity of the potato left unharvested due to mud in the field.

Onion prices shoot up as export curbs are lifted

Onion prices shoot up as export curbs are lifted

Rediff.com28 Feb 2020

At the benchmark Lasalgaon Agricultural Produce Market Committee (APMC) mandi, the model onion price shot up to Rs 21.50 a kg on Thursday, as against Rs 16.50 a kg on Wednesday. This was the highest since February 11.

Roses to become pricier by 20-25% as demand rises ahead of Valentine's Day

Roses to become pricier by 20-25% as demand rises ahead of Valentine's Day

Rediff.com13 Feb 2020

Demand has also jumped from abroad, including the European Union and America.

Valentine's Day: Silver's the NEW shade of love!

Valentine's Day: Silver's the NEW shade of love!

Rediff.com10 Feb 2020

Why millennials are choosing silver over gold this Valentine's Day.

Poultry prices decline amid rumours of coronavirus spreading to birds

Poultry prices decline amid rumours of coronavirus spreading to birds

Rediff.com7 Feb 2020

Since coronavirus broke out in a few cities in China and a couple of cases were spotted in India as well, rumours claimed for the first time that it was carried by birds.

Onion prices fall 40 pc in a week at Lasalgaon mandi

Onion prices fall 40 pc in a week at Lasalgaon mandi

Rediff.com29 Jan 2020

Data from the Nashik-based National Horticultural Research and Development Foundation showed that onion was trading at at Rs 24 a kg on Tuesday in the benchmark Lasalgaon mandi in Nashik district of Maharashtra. That's a fall of four per cent since Monday and 40 per cent from Rs 40 a kg on January 20, a level not seen since November 6, 2019. It continues to sell at Rs 40-44 a kg in retail markets across the country.

India facing a bumper wheat crop, shows data

India facing a bumper wheat crop, shows data

Rediff.com28 Jan 2020

Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes (mt). The Union ministry of agriculture's first advance estimate was 100.5 mt, as compared to 102 mt in last year's fourth advance estimate.

After Dec's surge, veggie prices dip on rise in arrivals

After Dec's surge, veggie prices dip on rise in arrivals

Rediff.com15 Jan 2020

Prices have continued to move up in Delhi's markets, wholesale and retail, on supply worries and spoilage due to record cold weather.

Why poultry, mutton prices have surged by 20%

Why poultry, mutton prices have surged by 20%

Rediff.com2 Jan 2020

Mutton 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

Silver price jumps 8% in two weeks; gold follows suit

Rediff.com27 Dec 2019

Gold-silver ratio indicates more upsurge possible for the white metal.

Explained: The Onion Story, in charts

Explained: The Onion Story, in charts

Rediff.com16 Dec 2019

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.

Farmers are worried despite high onion prices

Farmers are worried despite high onion prices

Rediff.com12 Dec 2019

Despite 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

Why onion farmers are harvesting premature crop

Rediff.com11 Dec 2019

Farmers 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

Onion prices may decline by half in 2 weeks

Rediff.com11 Dec 2019

Onion 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

How not to get duped by rogue jewellers

Rediff.com20 Nov 2019

The 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

Gold is selling at a premium for the first time since Budget

Rediff.com15 Nov 2019

The 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

Code of conduct soon for jewellers

Rediff.com13 Nov 2019

Confidence 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

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

India's pulse imports to rise this year

Rediff.com7 Nov 2019

Scenario 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

Onion prices spurt to four-year high

Rediff.com5 Nov 2019

Onion is currently trading between Rs 70 and Rs 80 in retail markets across the country.

As demand revives, festival season likely to cheer jewellers

As demand revives, festival season likely to cheer jewellers

Rediff.com18 Oct 2019

Discounts 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?

Will China throw a lifeline for India's agri exports?

Rediff.com13 Oct 2019

On 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

As Maharashtra farmers protest, onion prices soar again

Rediff.com9 Oct 2019

Assembly 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

Farmers' protest over onion stock leads to price fall

Rediff.com1 Oct 2019

With 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

After onion, now tomato prices go up thanks to rains

Rediff.com29 Sep 2019

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.

At Rs 60 a kg, onion makes Mumbai cry

At Rs 60 a kg, onion makes Mumbai cry

Rediff.com24 Sep 2019

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.

Onion price hits 20-month high despite govt's measures

Onion price hits 20-month high despite govt's measures

Rediff.com17 Sep 2019

At 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

US-China trade war a 'golden' opportunity for India

Rediff.com12 Sep 2019

The 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.

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