Traders attribute the price drop to the high moisture content in kharif onions, which makes them unsuitable for storage, resulting in increased supply in markets. Prices are expected to decline further unless the government removes the 20% export duty on onions to boost shipments.
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India wary as Trump pulls US out of Pillar 2 tax deal
PRESIDENT DONALD TRUMP, through an executive order, declared on Tuesday that the 15% minimum global corporate tax deal has \"no force or effect\" in the US, effectively pulling the country out of the 2021 pact signed by around 140 countries.
Govt extends free tur import policy by one more year
THE GOVERNMENT ON Tuesday extended the duty-free import policy for tur or pigeon peas by a year, until March 31, 2026, according to a notification by the directorate general of foreign trade (DGFT).
Asset Monetisation Scheme 2.0 with ₹2L-cr Annual Target Likely
WITH THE CURRENT National Monetisation Pipeline (NMP) programme set to end in March this year, the Centre may announce its next phase with an annual asset monetisation target of ₹2 lakh crore for the next four to five years to mobilise capital for investments and reinvestments.
Experts: Relax 20% pre-deposit rule for stay on I-T demand
IN A BID to free up working capital and ease the burden of businesses, tax experts have urged the government to relax the provisions of submitting a pre-deposit amount in case any business wishes to get a stay on an income tax demand, in the upcoming Budget.
IT firms see shift to shorter deal cycles
DEAL CYCLES IN India's IT services sector are becoming shorter, even for large contracts—a trend analysts expect to continue in the coming quarters.
Land rules, payment delays hurt manufacturing: CEA
TOUGH RULES FOR land use and large firms' reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India's manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.
RG Kar case 'not rarest of rare'; life term for convict
A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.
Zomato Q3 profit plummets, misses estimates
FOOD & GROCERY DELIVERY FIRM'S REVENUE ROSE 64% TO ₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS
Nazara raises ₹495 cr from existing investors
GAMING AND ESPORTS company Nazara Technologies raised ₹495 crore through a preferential share issue to Axana Estates.
Promising outlook for Havells India
Aims 14% revenue and 24% EPS CAGR during FY25-27
