The cost of holding one-year forward dollars rose to 482.75 basis points from 472.75 bps on Tuesday.
India exports about 1.5 mt of onion every year.
The Indian stock market had rallied through the first fortnight of October but it gave back the bulk of its gains in the second half.
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The government on Tuesday announced a host of measures to tame inflation, which had soared to a five-month high of 6.01 per cent in May.
Price of ladies finger shot up staggering 236% at Vashi wholesale market last month.
The markets are in bubble territory.
The forecast of deficient monsoon rainfalls scared farmers.
The Agricultural Produce Marketing Committee Act of a state regulates the purchase of agricultural products, such as cereals, pulses, fruits and vegetables for that region. It hobbles farmers, imposing multiple levies on produce and disallows direct sales to private companies.
In the third of a six-part series, Business Standard travels through diamond and textile units in Surat to assess the impact of demonetisation.
The Union Budget announcement of a minimum support price (MSP) that will be 50 per cent more than the cost of production has started a debate on the calculation of cost. Ramesh Chand, member, NITI Aayog, speaks to Sanjeeb Mukherjee on this and related issues.
Macro and micro environment are becoming more challenging.
The southwest monsoon season was deficient by 16 per cent.
Forex dealers said weakness in local equities cast a shadow on the rupee. Dollar losing in overseas markets didn't impact the fall of the local currency, they added.
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
To restrict onion exports and help cut prices in the domestic market, the government had gradually raised the MEP to $1,150 a tonne from $650 a tonne a few months earlier.
Though three crops of onions are raised in a year - early kharif, late kharif and rabi - their harvests are not evenly spread out.
Retail prices across the country continued to be at Rs 80 a kg.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
From linking innovation with supply of inputs to providing contract farming, the private sector can help agriculture move to the next stage of development.
The latest macro-data from India is disquieting
The view among the regulator and the government is that the currency is overvalued
India has not been able to compete with countries such as Bangladesh and Vietnam.
Former Union minister and Congress leader Rajeev Shukla was re-appointed chairman of the powerful IPL Governing Council on Monday, ending a month-long suspense over the selection for the top post in the cash-rich Twenty20 league.
The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle
Fed is still concerned about weak export growth.
The government has also announced a slew of measures to ease cash flow for the rural sector.
'Four years into his tenure and Modi still has no idea what is wrong with the agriculture sector!'
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India eats 1.2 million tonnes of onions a month and the current stock will last till the end of August.
Rupee movement, global cues key for stocks this week: Experts
Dismissing the contention that the decline in inflation was on account of the steps taken by the NDA government, Chidambaram said he wanted to know, 'what measures were taken by the government that contributed to decline in inflation rates.'
Here are 10 things you should know about the new rules.
Fed seen holding rates steady as investor confidence shakes
Over the past week, the Sensex and the Nifty continued the bull-run
Governments must encourage micro-irrigation, use of natural manure and pesticides in a big way. Farm income can be doubled by reducing cost as much as by increasing MSP, says Sanjeev Nayyar.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
'If India is to emerge as a superpower, we must utilise our huge agricultural potential and not, as in past centuries, merely exploit our farmers,' says Colonel Anil A Athale (retd).
Vegetables account for 5.44 per cent of the Consumer Price Index.
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