Onion traders in Nashik, Maharashtra, have suspended auctions indefinitely in protest against the government’s decision to increase export duty on onions. The move has raised concerns about a shortage of onions and an increase in prices. Traders are demanding the cancellation of export duty, a reduction in market fees, and subsidies for transportation. Last month, traders accused the government of failing to fulfill its promise to purchase onions from farmers and of setting auction prices lower than announced.
Ranbir Kapoor invests Rs 15 crore in ‘Ramayana’ production house, stock up over 90% since April
Ranbir Kapoor has reportedly invested about Rs 15 crore in Prime Focus, acquiring 12.5 lakh shares at Rs 120 each following shareholder approval for a