The government said action under the Prevention of Black-marketing and Maintenance of Supplies of Essential Commodities Act, 1980, would be taken to prevent any hoarding, black marketing of onions by unscrupulous elements

According to estimates by the Maharashtra State Onion Growers' Association (MSOGA), 50 per cent of kharif and late kharif onion crops were damaged by heavy rain

The balance of trade during April-September 2020 was significantly positive at Rs 9,002 crore as against the trade deficit of Rs 2,133 crore in the said period

The three controversial farm laws have diluted India's stance against liberalising agriculture before the WTO; this threatens livelihood of 60 per cent workforce in the country

In the letter, Bangladesh expressed its \"deep concern\" as the sudden announcement by India directly affects the supply of essential food items in Bangladesh market

Overall exports (merchandise and services combined) in April-August 2020 are estimated at $182.13 billion, while imports are expected to be $167.94 billion

Onion export ban: One of the reasons for the prohibition is reduction in supply due to heavy rains in many parts of the country, as well as India's retail inflation

Finance Minister Nirmala Sitharaman Speech Live Updates on Economic Package: 4th phase of announcements under the Atma Nirbhar economic stimulus package will focus on structural reforms

To boost domestic supply and contain price rise, the government is importing onion through state-owned MMTC and also facilitating private imports

In metros, retail price of onion was ruling at Rs 120 /kg in Kolkata, at Rs 102/kg in Delhi and Mumbai and at Rs 80/kg in Chennai

With retail inflation rising for the last four months, the RBI may find it difficult to cut rates going foward

On pending compensation cess disbursal to states, FM Nirmala Sitharamam said that there is no review being done in the current structure

Last week, the ministry had reduced the stock holding limit for retailers to 5 tonnes from 10 tonnes while that on wholesalers to 25 tonnes from 50 tonnes

State-run trading firm MMTC has already floated a tender for buying 21,090 metric tonnes (MT) of onions from Turkey and Egypt and the shipments are expected to arrive mid-January

While good quality onions were priced at Rs 15,000 per 100 kilogram, normal and low quality was sold at Rs 6,000 per 100 kg

Holding banners and shouting slogans demanding that the government reduce the prices and \"stop harassing\" the poor, the Congress MPs protested with a basket full of onions

The Centre has already banned onion exports and decided to import 1.2 lakh tonnes of onions, besides imposing stock holding limit on traders

BJP ministers support Modi government after Rahul Bajaj's \"atmosphere of fear\" remarks; IIT-Madras students get 102 job offers on day 1 of placements; State-owned trading firm MMTC placed another order of 11,000 tonnes of edible bulb from Turkey and more news on News Blast.

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The lowest price of Rs 38 per kg of the bulb was reported from Gwalior in Madhya Pradesh, the Consumer Affairs Ministry data showed