Dilip Kumar Jha

All stories by Dilip Kumar Jha

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.

Trade war pushes gold futures to record high

Trade war pushes gold futures to record high

Rediff.com26 Aug 2019

Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.

As supply slumps, onions prices rise by up to 76%

As supply slumps, onions prices rise by up to 76%

Rediff.com22 Aug 2019

The crop is currently trading at Rs 22 a kg compared to Rs 12.50 one month ago.

Customers hope for windfall, put off selling old gold

Customers hope for windfall, put off selling old gold

Rediff.com15 Aug 2019

Forecasts of a further rise in bullion prices keep Indians away from selling gold.

Why vegetable prices are going through the roof

Why vegetable prices are going through the roof

Rediff.com13 Aug 2019

Vegetable arrivals at mandis, especially in Maharashtra, have declined by more than 50 per cent since the beginning of the month.

Why jewellers are returning to the unorganized sector

Why jewellers are returning to the unorganized sector

Rediff.com7 Aug 2019

They are now scaling or shutting down their businesses because they can't compete with untaxed grey market gold. India's gold smuggling has increased significantly since the import duty was increased in the Union Budget 2019 in contravention with the broader market expectations of a cut.

As prices hit 7-year-high, Indians sell record amount of old gold

As prices hit 7-year-high, Indians sell record amount of old gold

Rediff.com2 Aug 2019

Consumers during the quarter sold 37.9 tonnes of old gold, which is the highest quarterly sale after September 2016, when old gold sale, or scrap supply, was 39 tonnes.

Non-basmati rice export falls after govt withdraws tax sops

Non-basmati rice export falls after govt withdraws tax sops

Rediff.com30 Jul 2019

In order to help farmers, the government has increased minimum support price for the last several years. This has made Indian rice uncompetitive for exports.

Monsoon delay puts pressure on margin of agri input cos

Monsoon delay puts pressure on margin of agri input cos

Rediff.com26 Jul 2019

With monsoon rainfall 16% below the long-period average, total sowing area is down by 7% at 56.7 million hectares so far this season.

Vegetable prices soar over supply shortage

Vegetable prices soar over supply shortage

Rediff.com19 Jul 2019

Deficient rains in west, flooding in north play havoc with crop cycles.

Bring on the biryani, basmati rice is cheaper by 12%

Bring on the biryani, basmati rice is cheaper by 12%

Rediff.com16 Jul 2019

With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.

How NBFC crisis has hit India's textile industry

How NBFC crisis has hit India's textile industry

Rediff.com12 Jul 2019

Large retailers are allegedly importing apparel made of Chinese fabric from Bangladesh at nil duty, under our free trade agreement with the latter country. However, the same agreement does not permit duty-free export from here.

Pulses import likely to fall to record low this year

Pulses import likely to fall to record low this year

Rediff.com12 Jul 2019

India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year.

Gold soars by Rs 600 in Mumbai's Zaveri Bazar

Gold soars by Rs 600 in Mumbai's Zaveri Bazar

Rediff.com4 Jul 2019

Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.

Gold jumps on US Fed's interest rate cut signal

Gold jumps on US Fed's interest rate cut signal

Rediff.com21 Jun 2019

Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.

Tur dal price on rise yet again

Tur dal price on rise yet again

Rediff.com19 Jun 2019

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.

Why your household budget will go through the roof

Why your household budget will go through the roof

Rediff.com12 Jun 2019

Farmers in Maharashtra, Gujarat, Karnataka, Tamil Nadu and Telangana anticipate a sharp decline in vegetable output this year, due to sustained declines in the water table after consecutive years of below-average rain. Prices of vegetables are expected to stay high for the next four to six weeks.

Now, get ready to shell out more for potatoes

Now, get ready to shell out more for potatoes

Rediff.com22 Apr 2019

Large stocks were ruined in transit due to thunderstorm and rainfalls in the north and the north-east states, resulting in fewer kilos of potatoes at mandis.

Jewellers re-start monthly deposit schemes

Jewellers re-start monthly deposit schemes

Rediff.com29 Mar 2019

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.

Jewellers give up on machines, go back to handcrafted designs

Jewellers give up on machines, go back to handcrafted designs

Rediff.com25 Feb 2019

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.

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