Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week
Dhanteras is considered auspicious for investment and buying gold.
However, onion arrivals have been normal with farmers bringing in 1,400 tonnes of the bulb to Lasalgaon on Friday, substantially lower than 2,429 tonnes on Thursday, but there is no dearth of supply to mandis.
Dairies cut milk procurement price by 11% in 2 months on bumper supply, but they are in no mood to pass on this price benefit to the consumers
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
Travel time, too, has not fallen much after the abolition of octroi with trucks still queued up at regional transport offices and toll tax plazas.
The cryptocurrency will fall in the RBI's domain.
Vegetable, fruit prices to be on the rise over weak supply, crop damage
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
Dealers with turnover of Rs 2 crore and above covered; industry says threshold too low
The agriculture ministry projects India's tomato output at 19.69 million tonnes in 2016-17 (July-June)
According to government data, the prices have still not crossed the MSPs in some mandis.
Buffalo meat exporters faced supply problems due to the Centre's ban on animal sales
On an average most commodities are up between 20-30 per cent compared to a year ago levels.
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
Steps such as safeguard duty in the works to plug the route
'Onion supply to mandis has declined due to its lower availability.'
In July alone, 2.5 tonnes of gold coins were imported so far from South Korea under zero-duty facility
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