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    TOMATO FROM NEPAL

    Pizza's long journey in India

    Himalayan Gourmet, a Peace Corps cookbook for Nepal has a pizza recipe with four ingredients: 'Any white bread recipe, Pizza sauce, Toppings, and Grated cheese'. It also suggests: "If you don't have an oven cook dough first like you would a pancake." Then add other ingredients on top and "Presto, no bake pizza."

    Tailwinds of festive season and cricket world cup: 5 QSR stocks with upside potential of up to 26%

    Junk food is bad for health, but having it once in a while is ok. Similarly, having some exposure to the companies which are selling them also may not be bad for one's portfolio, From having only two listed companies, Jubilant and Westlife, the OSR space saw many other players getting listed on the bourse in the last three years. After initial euphoria in which they got very high valuation, these stocks have not been in the limelight for some time. Partially because of valuations being high, but also because of the fact the churn in the shareholding which is held by private equity players is still in process of taking place. Will these stocks make a comeback in this festive season?

    I am not indifferent. We are trying to solve supply side difficulties: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman acknowledges supply side mismatches are affecting commodity prices and emphasizes efforts to ensure improved supplies reach people. Tomato prices have already crashed, causing farmers to not even recover their input costs. A group of ministers regularly addresses these issues and measures have been taken, such as procuring tomatoes from specific areas and providing subsidies for Ujjwala consumers.

    Why fighting inflation is futile if we take a comprehensive look at it

    Grain stocks are usually released through open market sales, as has been done this year too. But this does not help because often the quality is not of acceptable standards. While lower-quality wheat can find buyers from the informal food processing industry, households are more discerning.

    India’s rate setters become cautious of surging food prices

    Two monetary policymakers in India have urged the Reserve Bank of India to prevent spillover from the rise in food prices as inflation reaches a 15-month high. The central bank aims to keep inflation between 2% and 6%, but the consumer price index rose by 7.44% last month, driven by an 11.51% increase in food prices.

    Tomato prices plummet from Rs 300 to Rs 14 per kilo within weeks; Analysts warn further dip to Rs 5

    Tomato prices in India have taken a sharp downward turn after reaching a peak of nearly Rs 300 per kg. Prices dropped to as low as Rs 14 per kg in the Mysuru APMC market, while in Bengaluru, prices ranged from Rs 30 to Rs 35 per kg. The decline is attributed to a slump in demand, with tomatoes being imported from Nepal.

    • If you have a good selection, smallcaps are the way to go now: Vinit Bolinjkar

      "Smallcap stocks in India are still attractive, trading at 13 times CY25 earnings. Despite indicators suggesting discomfort, smallcap stocks are the market to focus on. Also, one has to consider the bearishness of US Treasury bonds and concerns about China's economy. The Indian market may not come from international markets but rather from internal factors such as inflation."

      Prices of tomatoes coming down with fresh arrival; retail prices in range of Rs 50-70 per kg now: Govt

      Tomato prices have fallen to Rs50-70 per kg due to the arrival of new crops in retail markets. This follows a period in which prices soared to Rs250 per kg. The trend seems set to continue, with Consumer Affairs Secretary Rohit Kumar Singh announcing that the government will continue to sell tomatoes at a discounted rate until prices revert to normal levels.

      Amid high prices, tomatoes go missing from Burger King India outlets

      Notices pasted at two Burger King India outlets read, "Even tomatoes need a vacation ... we are unable to add tomatoes to our food,", Reuters reported on August 16.

      About 5 tonne tomatoes imported from Nepal in transit; to be sold in UP tomorrow at subsidised rate: NCCF

      The National Cooperative Consumers' Federation of India Ltd (NCCF) has imported five tonnes of tomatoes from Nepal, which will be sold at a subsidized rate of Rs 50 per kg in Uttar Pradesh. NCCF has contracted for import of ten tonnes of tomatoes from Nepal, and has been undertaking imports as well as domestic procurement of tomatoes to retail them at a subsidized rate and provide relief from the high prices of the staple vegetable.

      No confusion within MVA, will ensure successful INDIA meeting in Mumbai: Sharad Pawar

      ​​The meeting will be held at a luxury hotel. The NCP has no association with "factions from MVA" which align with the BJP at the state and national and level, Pawar said, alluding to the move by his nephew. Pawar said he is expecting to speak to NCP leader Nawab Malik, who was on Friday granted two months' interim bail by the Supreme Court in a money laundering case.

      Nepal seeks easier market access as it prepares to export tomatoes to India amid price surge

      India's neighbouring country, Nepal, has sought easy access to the market and other necessary facilities while stating that it is ready to export tomatoes to India in bulk on a long-term basis. The move comes post India's finance minister Nirmala Sitharaman told the Parliament that India has started importing tomatoes from Nepal due to skyrocketing prices of the red fruit in the country.

      Nepal wants easy access to Indian market to export tomatoes in bulk and on long-term basis

      Nepal's government wants to export tomatoes to India in large quantities on a long-term basis, but it needs India to provide access to the market and other necessary facilities. This comes as India starts importing tomatoes from Nepal due to a record-high spike in prices in the country.

      NCCF to sell 10 tonnes of imported tomatoes from Nepal in Uttar Pradesh at Rs 70/kg during weekend

      Since July 11, the National Cooperative Consumers' Federation of India Limited (NCCF) is selling tomatoes at a discounted rate on behalf of the central government to boost domestic availability and contain prices. So far, NCCF has sold 9,38,862 kg of tomatoes in Delhi-NCR, Rajasthan and Uttar Pradesh.

      Subway India takes away free cheese slice, offers sauce as inflation bites

      American chain Subway is one of largest restaurant franchisers in India, with around 800 outlets. They now charge Rs 30 ($0.40) extra for the cheese slice in most sandwiches, but are offering a free "cheezy" sauce instead.

      Tomato prices crash 37% in just a day in Maharashtra mandis to Rs 55 a kg!

      Tomato prices in some Maharashtra mandis reportedly fell by 37% due to oversupply leading to 25,000 crates arriving on Thursday, up from 6,800 the previous week. The largest mandi delivered 15,000 crates daily, compared with 1,500 a week earlier, while at another hub arrivals surged from 5,000 to 10,000.

      La Tomatina: A taste of inflation, political strategies at Mint Street and Parliament

      Tomatoes are causing a stir in India due to increasing prices caused by harsh weather conditions and reduced planting areas, impacting inflation projections and catching the attention of the Reserve Bank of India and the Indian Parliament. The RBI today raised inflation forecast for India, largely due to food price shocks, while the government vouched how well they have handled price pressures.

      India stays optimistic about growth: Finance minister Nirmala Sitharaman

      She pledged more steps to boost supplies of essential commodities like pulses, tomato and onion to curb food inflation on top measures already taken by the government. Her comments came on a day when the Reserve Bank of India (RBI) raised retail inflation forecast for FY24 by 30 basis points to 5.4%.

      India to import tomatoes from Nepal amid surge in price, says Nirmala Sitharaman

      Union finance minister Nirmala Sitharaman on Thursday said that India will be importing tomatoes from Nepal, amid a record high surge in prices in the country. During her speech in Parliament, Sitharaman informed that the first lot of imports are likely to reach in Varanasi, Lucknow and Kanpur cities in northern India by Friday.

      UPA showed people dreams, NDA fulfilled them: Sitharaman slams oppn during no-trust motion debate

      Union Finance Minister Nirmala Sitharaman spoke in the Rajya Sabha, highlighting the Modi government’s economic achievements and development since the UPA government. She criticized the opposition for their ‘Gareebo Hatao’ slogan and commented on the state of the banking sector. Sitharaman stated that the Indian economy is in a unique and rare position in the world, and several global agencies, along with the RBI, predict growth prospects.

      Indians singed by high food prices await targeted interventions, tax cuts to make ends meet

      Skyrocketing food prices in India are hitting consumers hard. Prices for staples such as rice, pulses and tomatoes, essential items used in the preparation of most Indian dishes, have surged and making affording even necessities difficult for most Indians, who in any case paying over Rs 100 for a litre of petrol in many parts of the country.

      Investigation launched as smuggled tomato consignment evades destruction in Uttar Pradesh

      Customs officials in India are to be investigated regarding the release of a tomato consignment valued at Rs 4.8 lakh ($6,465), recovered in Uttar Pradesh's Maharajganj district on 7 July. Following its confiscation, the tomatoes were handed to officials to be destroyed. However, they were able to subsequently hand over the tomatoes and seize two vehicles allegedly involved in the smuggling operation.

      Uttarakhand residents reach Nepal to shop tomatoes

      The high prices of tomatoes in India, with prices ranging from Rs 120- Rs 130, have forced residents of Dharchula and Banbasa to cross into Nepal to buy them for just Rs 62- Rs 69. The Nepalese government has encouraged farmers to diversify from growing grains to vegetables, which has resulted in an increase in the growth of seasonal and non-seasonal vegetables. The farmers in Nepal were provided with seeds, fertilizers, polyhouses, and other agro-subsidies.

      Akasa Air: An airline with Jhunjhunwala's Midas touch is flying high. Where is it headed?

      Akasa Air, India's young airline, has become the first airline in the global aviation industry to increase its fleet from zero to 20 aircraft within a year of operation. It is set to include a 20th plane in July, with a total of 72 planes expected by March 2027. While the short lifespan of most Indian airlines has made launching an airline in the country challenging, Akasa has increased its market share from 0.2% to 4.8%, flying 24,000 passengers in August 2020, rising to 629,000 in May 2021. It remains focused on long-term sustainability despite market competition.

      Why prices of tomatoes surged and why we are shedding onion tears

      Wholesale tomato prices touched Rs 70 per kilo in end-July, on the back of a severe supply shortage in vegetable mandis.

      Climate-smart cultivation reaps profit in Nepal

      For decades, farmers of this Himalayan nation have been using the dung of their cows and buffaloes as manure. But they had to use pesticides to control crop infestations.

      Overpricing, black market rampant in Nepal

      The wholesalers and vegetable vendors hold shortage of manpower and expensive transport fare responsible behind the soaring prices.

      Narendra Modi-led NDA government has failed people: Nitish Kumar

      For the first time in the country, corporates have actually captured power by funding election in favour of a particular party.

      Horticulture farmers hit by flash floods in Uttarakhand, UP

      National Disaster Response Force relief teams in the flood-hit states are moving people to safer areas, officials said.

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