Govt’s Rs 150-cr relief won’t take edge off onion farmers’ woes in Maharashtra, says APMC chief – The Financial Express

According to marketing department’s principal secretary, Anoop Kumar, the cabinet approved an ex-gratia payment of Rs 200 per quintal rate for onion sold between November 1 and December 15.Govt’s Rs 150-cr relief won’t take edge off onion farmers’ woes in MaharashtraFarmers in Maharashtra are staring at stocks of unsold summer onions at the fag end of their shelf lives. Although, the Maharashtra cabinet has approved Rs 150 crore as relief to onion farmers who had to sell their produce at low pri...
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Ginger market to firm up despite low output – The Financial Express

Good returns from ginger in past few years due to robust demand prompted Kerala farmers to lease more land for ginger in Karnataka. Ginger rhizomes have also been affected by the soft rot disease in Mysuru, Coorg, Chikkamagaluru, Hassan and Shimoga districts in Karnataka.The market for ginger is back on track with reduction in domestic production, according to traders.Fresh ginger prices at the farm-gate in Wayanad have spiked to Rs 35-45 per kg from a low of Rs 15-20 in the year ago period. Acc...
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OPEC waits on Vladimir Putin's decision as it searches for oil cut deal  – The Financial Express

OPEC meets on Thursday with the cartel seemingly willing to defy U.S. President Donald Trump and cut oil production -- but the most important decision maker will spend the day a thousand miles away.We face stiff resistance from Russia for a large cut, said a senior OPEC delegate, asking not to be identified because discussions are private. (Reuters)OPEC meets on Thursday with the cartel seemingly willing to defy U.S. President Donald Trump and cut oil production — but the most important de...
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