India's apex Forward Markets Commission says physical delivery is essential for the transparent functioning of the commodity exchanges.
Retail prices of onion have soared to Rs 70-80 per kg in most parts of the country, after dropping to Rs 50-55 per kg a week ago from the same high level due to seasonal shortages.
Over 3,000 people were stranded after the Jammu-Kishtwar National Highway was closed following a massive landslide at Karara, 25 km from Doda.
In a statement in the House, the chief minister said air ambulance service would be started at a cost of Rs 10 crore to transport critical patients to hospitals.
After rising for five consecutive weeks, inflation fell to 5.09 per cent during the week ended October 28, compared to 5.41 per cent in the previous week with drop in prices of essential commodities.\n\n
There would be a marginal 3% increase in freight rates.
The SAD has been requesting the Centre not to introduce the three agriculture-related bills for the approval of Parliament until all reservations expressed by farmers' organisations, farmers and farm labourers are addressed, Badal said.
Prices of essential commodities are likely to rise because of the strike, which has been called to protest against frequent hikes in diesel prices and value added tax.
The high-level panel also asked the government to work towards re-orienting subsidies in a targeted manner from the crop sector to the non-crop sector and redesign the electronic National Agriculture Market.
Cracking down further on hoarding, the Centre on Wednesday put onion and potato under purview of the Essential Commodities Act and imposed stock holding limits in a bid to improve availability and rein in prices.
He further said the 'sacrifice of farmers has paid dividends'.
How has the NDA government fared in tackling price rise, an issue it raised hell over in the run-up to the Lok Sabha elections? The Rediff Labs team finds out.
The rise in May Wholesale Price Index based inflation has been mainly on account of 31.44 per cent increase in prices of potato, 19.40 per cent in fruits and 12.75 per cent in rice.
The company, which currently sells a range of vehicles from Alto to S-Cross, said it has taken the decision to hike prices due to an increase in input costs. The weighted average price rise, with effect from April 18, in ex-showroom prices (New Delhi) across models is 1.3 per cent, it added.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
The Delhi high court on Monday asked the Centre to file reply on a plea seeking linking of immovable and movable property documents of citizens with their Aadhaar numbers to curb corruption, black money generation, and benami transactions.
The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy security and energy transition, official sources said. The same is expected to be a part of the Kazan declaration, currently being negotiated, they added.
The Kisan Social Army has constructed a few permanent shelters near Delhi's Tikri border for the farmers protesting against the recently enacted farm laws in the country.
War against price rise will remain the "overriding policy priority" of Congress, AICC said on Friday amid a growing feeling in the rank and file that inflation hit the party in the recent Assembly elections where it suffered one of the worst defeats in the recent times.
The Manipur high court has directed the state government to operationalise mobile towers, on a trial basis, in all those district headquarters which have not been affected by ethnic strife.
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
Fearing likely shortage, the government on Thursday said it has made an advance plan to import about 10 lakh tonne higher quality of tur dal via private trade this year to meet the domestic requirement. The issue was discussed in a high-level meeting called by the cabinet secretary to review the prices of essential commodities, especially pulses and onions. Tur production is pegged lower at 3.89 million tonne in the 2022-23 crop year (July-June) from 4.34 million tonne in the previous year as per the initial projection made by the agriculture ministry. Tur is a kharif crop.
Long queues outside grocery stores, inflated prices, difficulty in getting important items -- these were some of the problems encountered by people in the National Capital Region (NCR).
With floods rendering the Jammu-Srinagar National Highway inoperational for 12 consecutive days on Monday, Valley residents are facing an acute shortage of essential commodities even as people in some areas of north and south Kashmir accused the administration of concentrating only on Srinagar city.
The Centre and state governments are struggling to restart at least some industrial activity as it becomes apparent that the 21-day nationwide lockdown imposed to check the spread of coronavirus disease (Covid-19) could be extended beyond April 14, and stocks of essential commodities need replenishing across the country. State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced, say there are not enough labourers in the city to work in factories and warehouses.
After Prime Minister Narendra Modi's announcement repealing three farm laws, farmers burst into celebration and distributed 'jalebis' at the protest site on Gazipur (UP-Delhi) border on Friday.
The country's annadatas have made "arrogance bow its head" through satyagraha, Congress leader Rahul Gandhi said on Friday and described the Centre's decision to repeal the farm laws as a "victory against injustice".
A 45-year-old farmer from Punjab, who was a part of the protest against the Centre's farm laws, allegedly hanged himself from a tree near the Singhu border, the police said on Wednesday.
'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'
The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
M V Subramanian says there is an imperative need for collective responsibility to tackle inflation, prices and availability of essential commodities, and not rely on inflation targeting alone.
Recommends delisting of chana futures, open to lowering sugar import duty
A bench comprising Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Misra also took note of the affidavit of the Manipur chief secretary that there was no short supply of basic commodities like food and medicines for people facing economic blockade.
Areas in the National Capital Region -- Noida and Gurugram -- recorded an AQI of 529 and 478 respectively both in the highly toxic 'severe'.
Punjab Chief Minister Charanjit Singh Channi on Friday announced to provide Rs 2 lakh as compensation to 83 people arrested by Delhi Police for carrying out a tractor rally in the national capital on January 26.
Following the government advisory asking Amarnath yatris, tourists and others to go home, an exodus of sorts started from the Valley on Saturday and continued on Sunday as well. Students have packed their bags, as have tourists and all are leaving the Valley at the height of the tourist season. There is chaos and confusion and amid this the Kashmiri locals are stocking up on essential commodities as they wait for what's in store for them in the future.
Three key agriculture Bills, approved by the Lok Sabha, are facing staunch opposition from within the ruling coalition with senior minister Harsmirat Kaur Badal resigning in protest and farmers hitting the street.
November 26 would mark one year of the ongoing farmers' protests at Delhi's border points of Singhu, Tikri and Ghazipur.
The Samyukt Kisan Morcha, a joint front of almost 40 farmer organisations, wrote a letter to the ministry of agriculture and farmers' welfare accepting the Centre's offer for dialogue and proposed December 29 as the next date for the meeting.
Trade union leaders in the pre-Budget consultation with Finance Minister Pranab Mukherjee on Thursday demanded reigning in prices of essential items and increasing exemption limit on income tax to Rs 2 lakh (Rs 200,000).
