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A fresh supply shock triggered by a deficient monsoon has led to a surge in onion prices, which have more than doubled within a fortnight in several states, as the Union government began releasing stocks from its reserves to cool rates amid high festive season demand | Latest News India
The country’s annual consumption of the sweetener is about 27 million tonne. The government said it is set to bring out official estimates of sugar production. | Latest News India
Although IMD predicts normal rainfall in September, it may not make up for the deficiency of 36% in August alone and 10% during 1 June-31 August.