India’s ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year. The world’s biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production.
You May Also Like
GST on TDS: PD seeks legal opinion
The Power Division has requested legal advice from the Law Ministry on…
- Sanniah Hassan
- October 17, 2021
China tightens scrutiny of offshore listings
Shanghai: On Monday, the Chinese government announced that it would require domestic…
- Alina Hashmi
- December 27, 2021
Oil rises as Russia cuts output after Western price cap
Oil contracts rebounded on Friday after Russia announced it would slash its…
- Hafsa Mustafa
- February 11, 2023
Chinese property firms afresh plunge into debt
Shanghai: It was reported on Wednesday that the rumbling crisis at China…
- Alina Hashmi
- October 13, 2021