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.
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly