Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals. Despite increased production and storage, onions are becoming more expensive. Trade sources anticipate further price increases, potentially fueled by upcoming government onion procurement.
InvITs industry pushes for easier M&A rules to boost investor interest
India’s InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of control guidelines to match