while india s growth story is strong, but inflation has been a sticking point, and on friday last week, the central bank also did not change the key interest rate, kept it on the higher side, showing its concern on the rising food prices. so that is something the government keenly wants to contain, and after the export curbs were announced last friday, the wholesale prices of onions did see some crashing down but this certainly has not left the exporters very happy. onions are so important to indian cooking aren t they? we saw the response from the farmers, who blocked that highway, what has the response from ordinary people been? well, onion prices have actually gone up substantially since last year, they are almost double. it is a kitchen staple in india and it is also a political subject across states in india, that is why the government is keenly focused on that. there are certainly has been a respite in prices, but most of it will reflect only in coming days when it move
will be key, but export curbs on onions is not the first one. we have seen the government take this road for rice and wheat earlier this year, and prices did come down in the domestic market after the export curbs were announced in the same happened with onions. wholesale market prices have actually been seen coming down, so that is really in the focus because despite the growth story that india portrays where we have seen multiple people updating their growth numbers in the coming months, inflation is still a sticky point and it was the reason why the central bank last friday kept the key interest rates unchanged on the higher side, showing its concern on rising food prices. onions are so important to indian cooking, aren t they? and we have seen some reaction from the producers of onions, those farmers blocking the highway. what has the response been otherwise? at been otherwise? at the moment, onions, been otherwise? at the moment, onions. which been otherwise? at the mo
it is important to bear in mind that while javier miliei came to power on a china sceptic platform he also came to power on a pro business platform. in one of argentina s most important business sectors creating the largest number of exports bringing in the largest amount of dollars as agriculture and where did the crops go? was ill, the eu and china. there is no practical way to cut ties with any of those, argentina s trading partners in more than is ill or chill a or any south american neighbours can do. chill a or any south american neighbours can do. what do you see happening neighbours can do. what do you see happening now neighbours can do. what do you see happening now he - neighbours can do. what do you see happening now he is - neighbours can do. what do you see happening now he is in - see happening now he is in office? if see happening now he is in office? , ., ~ see happening now he is in office? ~ ., see happening now he is in office? ~ ., ~ office? if you
that while milei came to power on a chinese sceptic platform, he also came to power on a pro business platform, and one of argentina s most important business sectors creating the largest number of exports, creating the largest amount of dollars is agriculture. and where do those crops go? brazil, the eu and china. there s simply no practical way to cut ties with any of argentina s trading partners any more than brazil or chile or any of its south american neighbours can do. what do you see happening now that he is in office? well, if you d like to think about an example that might repeat itself, just look to the north, in brazil. when president bolsonaro took power in 2019, he also came to power on a china sceptic, pro business platform, and while official lending paused during his time, trade and investment continued to grow to record levels. i would expect to see exactly the same thing happen in argentina. between trade and agriculture and investment in lithium, lithiu