All stories by Dilip Kumar Jha
Trade war pushes gold futures to record highRediff.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%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 goldRediff.com15 Aug 2019
Forecasts of a further rise in bullion prices keep Indians away from selling gold.
Why vegetable prices are going through the roofRediff.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 sectorRediff.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 goldRediff.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 sopsRediff.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 cosRediff.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 shortageRediff.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%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 industryRediff.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.
Gold soars by Rs 600 in Mumbai's Zaveri BazarRediff.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 signalRediff.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 againRediff.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 roofRediff.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 potatoesRediff.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 schemesRediff.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 designsRediff.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.
As gold hits all-time high, jewellery sales drop sharplyRediff.com21 Feb 2019
Irrespective of the global movement, gold prices in India are nearing the level of Rs 34,000 per 10 grams in the physical markets.
As onion prices near 2-year low, farmers want MSP fixed at Rs 8.5/kgRediff.com6 Feb 2019
In the retail markets, fresh onion is sold between Rs 10 and Rs 12 a kg. Now, farmers have to sell onion at a loss of Rs 2-3 per kg if transport cost is included.
Budget 2019 is likely to bring good news for farmersRediff.com24 Jan 2019
Government's objective is to bring down the cost of cultivation through efficient use of fertilisers and agro chemicals, and increase in realisation. It is, thus, planning to connect 200 agricultural mandis with electronic National Agricultural Mandis this year and 225 next year, to enable farmers to sell their produce hassle-free online.
Why gold has lost its lustre this wedding seasonRediff.com23 Jan 2019
Sluggish economy, high bullion prices and consumer shift towards cheaper gifting options such as electronic goods and mobiles have taken the sheen off gold
US, China trade war sweetens India's grape export plansRediff.com4 Jan 2019
But Down Under is a tough call due to shipment time and quality control issues.
After a long lull, milk prices set to rise by Rs 2-4 a litreRediff.com3 Jan 2019
Prices of milk and derivatives such as cheese, butter, curd and skimmed milk powder were subdued for two years, on a supply surplus.
Jewellers go hi-tech to boost salesRediff.com29 Dec 2018
Many offer personalised ornaments with 3D printed images and engraved names to lure customers in a scenario of high gold prices.
13 UP distilleries to shut down for 3 months during Ardh KumbhRediff.com30 Nov 2018
'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.
Why apples have suddenly become so expensiveRediff.com15 Nov 2018
Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg
India's jewellery business has lost its lustreRediff.com14 Nov 2018
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.
Why Dhanteras saw brisk sale of gold jewelleryRediff.com6 Nov 2018
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
Why APMC traders are upset with the Maharashtra govtRediff.com1 Nov 2018
On October 25, the government issued an ordinance on the denotification. Earlier, in July 2016, it had denotified fruits and vegetables, thereby allowing farmers to sell these to buyers within or outside APMC yards, as they chose
Why NSE entered gold and silver futuresRediff.com26 Oct 2018
'We have entered the commodity space with a long-term view.'
Why India is staring at 10-15% decline in textile productionRediff.com19 Oct 2018
The country's textile industry is concentrated in a few pockets of Gujarat and Maharashtra in the west and Tamil Nadu and Karnataka in the south.
MSP hike may hit India's farm exportsRediff.com16 Jul 2018
'Obviously, MSP hike raises chances of a reduction in exports. Even without an MSP hike, India's exports of a number of agri-commodities, like sugar, were unviable in the overseas markets.'
Why your family jeweller is losing the battle to big brandsRediff.com7 Jul 2018
Here's why consumers are shifting to large brands.
Farmers plan to stop supply of milk in Maharashtra from July 16Rediff.com6 Jul 2018
Dairy companies in the organised sector are yet to state their stance on the proposed stir
A win-win for traders, brokerages and exchangesRediff.com2 Jul 2018
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.
Truckers' strike: Commodity supply disrupted, onion zoomsRediff.com19 Jun 2018
However, truckers have spared other vegetables, fruits, fuel and milk from the strike.
Cotton farmers may shift to soybean this kharif seasonRediff.com3 May 2018
Soybean is trading at a 25 per cent premium to the MSP, after initially slipping below the government's threshold procurement price of Rs 2,850 a quintal.
Despite spike in price, Akshaya Tritiya sees brisk gold buyingRediff.com19 Apr 2018
Gold sales were reported at 40 tonnes last year; this might have been surpassed this year.
As yields drop, Mango lovers will have to pay a higher price this yearRediff.com18 Apr 2018
While the mango season started with the Alphonso variety trading at Rs 18 a kg (model price), it jumped to Rs 30 a kg at the wholesale Vashi mandi.