Photo: India Today

Inflation In India Leads To Skyrocketing Prices Of Onions

The rising cost of onions is raising fears about rising family spending and possible inflation. According to government data dated October 25, the maximum retail price of onions has increased to approximately Rs 70 per kilogram. This upward trend is anticipated to persist until December, when the kharif crop is available for purchase. The prices are soon expected to skyrocket in Indian regions, including Ghaziabad and Noida.

Fri, 27 Oct 2023 - 12:33 PM / by Varsha Joshi

Tags: Onion, Tomatoes, Price Hike, India Inflation, Traders

Courtesy: Aaj Tak


Photo: Twitter

After Tomatoes, Mumbai Citizens Witness Surge In Coriander Price

While most of the green vegetables including tomatoes have seen a correction in prices, the price of coriander increased in the last week. A pair of coriander was available at Rs 30 to Rs 40 is now available at Rs 60. Traders say the drop in supply led to price rise. Due to heavy rainfall in July, around 40 per cent of coriander crops were damaged and prices shot up.

Fri, 15 Sep 2023 - 01:30 PM / by Varsha Joshi

Tags: Coriander prices, Navi Mumbai, Vegetable markets, Traders, Tomatoes


Photo: India Today

Rupee Gains By 10 Paise, Stands At 82.06 Against US Dollars

The rupee gained 10 paise to 81.96 against the US dollar in early trade on Wednesday tracking the weakness of the American currency in the overseas market. In addition, the Forex traders said significant foreign fund inflows and easing crude oil prices supported the local unit. Moreover, the domestic unit opened at 82.06 against the dollar and rose to 81.96, registering a gain of 10 paise over its previous close.

Wed, 10 May 2023 - 10:24 AM / by Varsha Joshi

Tags: Stock market, Indian Rupee, US Dollar, GAIN, Traders


Photo: The Economic Times

Money Laundering Laws Applies To Crypto Trading: GoI

In a setback to Indian bitcoin traders, India’s money laundering laws will now apply to trade in cryptocurrencies, said the federal government. In a notification dated March 7, the Government of India said, "The exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets and the transfer of digital assets will be covered under money laundering laws." 

Wed, 08 Mar 2023 - 09:00 PM / by Varsha Joshi

Tags: Cryptocurrency, Indian government, MONEY LAUNDERING, Notification, Traders

Courtesy: The Indian Express


Photo: Indus Scrolls

Traders Association Request Year-Long Transition Phase To Abide With Ban On Single-Use Plastics

Confederation of All India Traders (CAIT) on July 3 requested Union Environment Minister Bhupender Yadav a one-year grace period to abide by the ban on single-use plastics that went into force on July 1. It offered suggestions in order to safeguard those working in the industry. An abrupt prohibition might hamper multiple economic operations in several sectors, according to the leaders, and a phased implementation method is required.

Sun, 03 Jul 2022 - 03:50 PM / by Vidhi Jhunjhunwala

Tags: Traders, Single use plastic, Banned, Union Environment Minister, CAIT

Courtesy: India Today

Numaish 2022

Photo: The Times Of India

Hyderabad's Numaish 2022 To Resume In Feb End As COVID Cases Decline

Hyderabad's Annual fair "Numaish" will reopen from February. Started in January, the All India Industrial Exhibition was shut down due to COVID-19 third wave. However, as the cases are declining, the fair is expected to resume for the usual 40-45 days, which would see traders with various products from across India. As per sources, the organisers will resume the fair from February 20-25. However, government nod is awaited. 

Fri, 11 Feb 2022 - 04:50 PM / by Varsha Joshi

Tags: Numaish 2022, Traders, Hyderabad, telangana government, Annual Fair

Courtesy: India Today

COVID-19 Vaccine.

Photo: India Today

Kolkata Civic Body To Start Vax-On-Wheels To Reach Out Traders In Market

The Kolkata Municipal Corporation is planning to introduce mobile COVID vaccination centre which will jab people, particularly traders and employees who lack time to visit vaccination centres. KMC official and state health minister Firhad Hakim said busses will drive to market places starting with Posta area in Burrabazar. Owing to rising demands of traders, the joint initiative of civic body and transport department will provide on the spot… read-more

Wed, 02 Jun 2021 - 08:55 PM / by Sohini Mandal

Tags: kolkata municipal corporation, vax-on-wheels, COVID-19 outbreak, Covid-19 Vaccination centre, Traders

Courtesy: The Times of India


Photo : WhatsHot

Indian Mangoes To Be Absent From US Markets For Second Year In A Row

US markets will not sell Indian mangoes, for the second year in a row, owing to the government's inability to roll out a solution for the export problem this year. Moreover, before exporting mangoes, a US phytosanitary inspector has to monitor pre-clearance activities which was not arranged due to the pandemic. According to mango traders, the break has put a halt to the consistent growth of their business. 

Wed, 21 Apr 2021 - 12:18 PM / by Neha Sanjeev

Tags: Mangoes, Traders, Exports, United States, Mango Export

Courtesy: Indian Express


Photo: News18

Centre Directs ED, RBI To Take Action Against Etailers

Based on the complaints made by Confederation of All India Traders (CAIT), the Commerce Ministry has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against e-commerce websites. The websites include renowned etailers like Amazon and Flipkart, that are alleged to have violated several rules of FDI like policy deal, manufacturing, and Foreign Exchange Management Act, 1999 (FEMA). Besides, it accused the… read-more

Fri, 01 Jan 2021 - 09:15 AM / by Bhavyata Kagrana

Tags: Commerce ministry, Amazon, Flipkart, Traders

Courtesy: The Times of India