Business
Buffalo milk prices rising in Mumbai from March 1, will have cascading effect
The buffalo milk wholesale prices in Mumbai will shoot up by Rs 5/litre from midnight on Tuesday and could trigger a significant cascading effect on the entire food industry that depends on it as its raw material, milk industry players say.
Portending a hard hit, the Mumbai Milk Producers Association (MMPA) last Friday announced the steep hike in wholesale price of buffalo milk.
The bulk milk prices will go up from Rs 80/litre to Rs 85/litre and will remain in force till August 31, MMPA Executive Committee Member C.K. Singh said.
This will be followed by a similar increase in the retail market by the 3,000-plus retailers in Mumbai for the creamy fresh buffalo milk, which would now sell at around Rs 90 per litre – up from the current Rs 85 per litre – from March 1.
These sharp hikes shall be borne by the ordinary consumers not only in the form of dearer plain milk, but also other milk products that are consumed by households daily.
“This would impact, albeit marginally, the rates of a cup of tea-coffee-ukala-milkshakes, etc, served by restaurants, at the ordinary pavement vendors, or in small eateries,” said MMPA Treasurer Abdul Jabbar Chhawaniwala.
The duo said that there are many other milk products like khoya, paneer, sweetmeats like pedha, barfi, certain north Indian or Bengali sweet varieties which are milk-based which could witness a price hike now.
Prominent milkman in north Mumbai, Mahesh Tiwari rued that the price hike has come on the eve of certain festivals and also the big fat weddings season, which would be hit by the whole-sale milk price hike from Wednesday.
“The demand for milk and milk products goes up at least 30-35 per cent during festivals and even higher for weddings, marriages and other social events, and the new rates would be applicable,” he said.
There’s a string of festivals like Holi, Gudi Padva, Ram Navami, Mahavir Jayanti, Easter after Good Friday, Ramzan Eid, and others in the next couple of months where the celebration budgets would have to be expanded, says Singh.
The hike has been necessitated to offset the increased prices of milch animals as well as their food items like dana, tuvar-chuni, chana-chuni, makai-chuni, udad-chuni, green grass, rice grass, hay, which have seen steep price rises by 15-25 per cent in the past few months, Singh said.
“Inflation has become unbearable, many of the items that make buffalo feed are almost wasted, but we have to buy them at higher rates from the market. So the milk price hike was inevitable, though done reluctantly,” rued MMPA General Secretary Kasim Kashmiri.
Singh avers that normally, any fluctuation in milk prices in Mumbai is usually followed by an increase in milk rates in the rest of the country, too.
On an average, Mumbai consumes over 50 lakh litres of buffalo milk daily, of which more than seven lakh is supplied by the MMPA through its chain of dairies and neighbourhood retailers, through their farms spread in and around the country’s commercial capital.
This is the second major hike by MMPA after September 2022 when the buffalo wholesale milk prices was jacked up from Rs 75 per litre to Rs 80 per litre, making domestic budgets of poor and middle-class families go haywire.
Incidentally, in February 2023, all the major cow milk producers’ associations in Maharashtra, along with other major branded producers, have hiked the prices of cow milk by at least Rs 2 per litre.
Business
7.8 pc GDP growth reflects country’s progress: Maha CM Fadnavis, Dy CM Shinde

Mumbai/Thane, Sep 1: Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde on Tuesday hailed India as it registered a real GDP growth rate of 7.8 per cent in the first quarter of the 2026–27 financial year (Q1 FY27, April–June 2026) under the leadership of Prime Minister Narendra Modi reflecting the country’s progress.
Chief Minister Fadnavis in his post on social media platform X said, “Yehi hai right choice, Bharat! Let’s keep going the same way, same direction. 7.8 per cent growth in such times prove our potential and possibilities as a Nation with PM @narendramodi’s leadership! Congratulations Bharat!”
On the other hand, Deputy Chief Minister Eknath Shinde said that India’s economy continues to demonstrate strong growth with a 7.8 per cent GDP expansion at a time when several nations globally are grappling with conflict and economic fallout.
“This reflects economic progress and stability, this marks another key step toward achieving the vision of ‘Viksit Bharat 2047’,” The Deputy Chief Minister added.
Speaking to reporters on the country’s economic outlook, Deputy CM Shinde expressed confidence that under the leadership of Prime Minister Narendra Modi, India is moving steadily toward becoming an economic superpower and achieving its target of a $5 trillion economy.
He assured that the Maharashtra government will contribute significantly to this journey.
Highlighting the adverse global backdrop, the Deputy Chief Minister noted that ongoing wars and geopolitical conflicts have impacted multiple world economies.
“In contrast, India’s 7.8 per cent growth rate presents a highly promising picture and signals the nation’s rising economic strength.”
Deputy CM Shinde emphasised that every citizen should take pride in the nation’s strengthening economy.
However, he criticised the opposition parties for taking a negative stance on national progress due to political bias against PM Modi.
He remarked that appeals made by the Prime Minister are always aimed at national interest, upliftment, and growth, but are often viewed through a narrow political lens by his critics.
“Instead of questioning progress, everyone should contribute toward accelerating development,” Deputy Chief Minister Shinde added.
Reaffirming the state’s commitment, the Deputy CM said that Maharashtra will fully cooperate with the Central government to reach the $5 trillion target and realise the ‘Viksit Bharat 2047’ roadmap.
He asserted that India’s economic strides are a matter of pride for all 140 crore citizens, adding that the public will appropriately respond to those opposing the country’s growth.
Business
Railways okays Rs 233 crore electronic signalling system at 21 stations in Bihar

New Delhi, Sep 1: Indian Railways has approved a proposal for the provision of modern Electronic Interlocking (EI) at 21 stations of Samastipur Division (Bihar) of East Central Railway with an investment of Rs 233 crore, according to an official statement issued on Tuesday.
The approved work involves the replacement of existing panel interlocking with electronic interlocking at these stations in Bihar. The electronic system will strengthen railway signalling infrastructure across the division and facilitate the implementation of Kavach, the indigenous Automatic Train Protection system, to enhance safety.
Electronic interlocking is a modern signalling technology that replaces ageing relay-based systems with computer-based interlocking, ensuring higher reliability, faster fault diagnosis, easier maintenance and enhanced operational flexibility.
The initiative is part of Indian Railways’ continued efforts towards modernisation of signalling systems, strengthening railway safety and enhancing operational efficiency across its network, the statement said.
Indian Railways has also sanctioned the Bhavnagar Para (BVP) Yard Remodelling project in Gujarat at a cost of around Rs 125 crore. The project will strengthen rail infrastructure in Bhavnagar by creating additional operational capacity at Bhavnagar Para and improving facilities for passengers.
The project will help decongest Bhavnagar Terminus by shifting stabling and other operational activities to Bhavnagar Para. This will enable smoother train operations, reduce rake detention and help improve punctuality. The additional infrastructure at Bhavnagar Para will facilitate better management of train movements and provide greater operational flexibility.
The remodelling work includes four loop lines, one engine reversal line, ART and ARME siding, relocation of the Station and EI building, one high-level passenger platform, widening of the existing platform, extension of the existing Foot Over Bridge (FOB) and construction of one new FOB. The project will also include two Road Under Bridges (RUBs), including one new RUB and extension of an existing RUB, along with service buildings and associated electrical and signalling works.
Passenger convenience will be enhanced through a new high-level island platform, widening of Platform No. 2 and improved FOB connectivity at Bhavnagar Para station. These facilities will provide easier movement and access for passengers, the statement added.
Business
669 metric tonnes onions sold at Rs 35 per kg, Rs 210 crore paid directly to 3,400 farmers: Govt

New Delhi, Sep 1: Retail sales of onions continue at Rs 35 per kg and a total of approximately 669 metric tonnes (MT) of the staple vegetable has been sold to date, comprising 223 MT through bulk channels via the e-NAM portal and similar online platforms at prevailing mandi prices, and 446 MT through retail channels across the country, the government said on Tuesday.
The affordable onion sale is being organised through the NCCF, the NAFED, Kendriya Bhandar outlets, and mobile vans, ensuring affordable availability for consumers.
“Simultaneously, around 1,000 MT of onions are being transported by road to major consumption centres, based on prevailing market conditions and price trends, with the aim of improving availability and moderating seasonal price pressures,” the Ministry of Consumer Affairs, Food, and Public Distribution said in a statement.
Further, Rs 210 crore has been paid directly to around 3,400 farmers, ensuring timely payments.
The government said it has begun a calibrated release of onion buffer stocks through a hybrid transportation model comprising railway rakes (Kanda Express) and road transport to major consumption centres to ensure adequate availability and moderation of seasonal price pressures.
As part of this initiative, two Kanda Express consignments have been dispatched from Nashik. The first rake, carrying 450 MT of onions, reached Delhi in the late hours of August 27.
Of this, 140 MT was subsequently distributed across Varanasi, Lucknow, Chandigarh, and Amritsar, with the remaining quantity distributed across the Delhi-NCR region.
The second rake, carrying 840 MT of onions, reached Chennai on August 31. The Tamil Nadu government plans to distribute these onions through the Public Distribution System (PDS) against the requirement of 1 kg per card.
The onions are likely to be distributed across various districts of Tamil Nadu as per the proposed district-wise clustering:
Retail intervention efforts have expanded significantly across 19 cities, supported by the dispatch of over 30 trucks to ensure widespread availability, said the official statement.
The release of onions from buffer stocks has improved market availability and eased prices, particularly in centres where onion consignments have reached, such as Varanasi, Amritsar, Delhi and nearby markets. Prices have shown a decline from the day following the commencement of disposal, with increased supplies expected to further support price stability.
-
Crime4 years agoClass 10 student jumps to death in Jaipur
-
Maharashtra2 years agoMumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra2 years agoMumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra2 years agoFalse photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News2 years agoMinistry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra2 years agoMaharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News2 years agoJ&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface
-
Crime2 years agoBaba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
