The prices of dry fruits have firmed up by 15% to 20% over the past one year, say traders, except for walnut and raisins.
Ikea is working with over 50,000 farmers across Punjab, Gujarat, Maharashtra & Telangana and is expected to increase procurement over the next few years.
The fund, which has a corpus of Rs 500 crore, was set up to support market interventions for price control of perishable agri-horticultural commodities.
Delhi needs to prepare for devastating earthquakes as experts say it is prone to severe tremors and the region can be rattled by tectonic shifts in the Himalayas.
With prices of pulses having increased sharply in less than a year, it’s not only household kitchen budgets that have been disrupted.
LT Foods that sells Dawat brand of rice, for example, will market its soon-to-be-launched atta (flour) brand as toxic metal free.
Sugar prices have firmed up by Rs 2-3 a kg to Rs 25-27 a kg in wholesale market in the last one month due to pickup in festival season demand.
Farmers have faced the third crop failure since the summer of 2014, which has affected their income and put pressure on purchases.
The monsoon, which is so far 15% below normal, is currently focused on regions where rainfall has been about 40% below average since June.
Akhil Gupta, vicechairman at Bharti Enterprises, is in talks to buy 5 per cent stake in ICEX from state-owned trading giant MMTC Ltd.
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