BUSINESS
The price of tomatoes have exponentially risen over the last two days, with a massive hike in the price of the vegetable in Delhi NCR, Mumbai, Bengaluru and more prominent cities.
In a major example of inflation in major metropolitan cities across the country, the prices of tomatoes have doubled in Delhi, Mumbai, Bengaluru and other areas, leading to massive loss being incurred by farmers, despite tomatoes being a staple food across India.
While there are several reasons why the prices of tomatoes have been hiked across the country, the brunt of the inflation is being felt by the farmers and the customers. However, it is expected that the spike in tomato prices will soon be over.
The price of tomatoes in Delhi touched Rs 120 per kg, while that in Mumbai was seen at Rs 100 per kg. These prices are a sharp increase from what the national capital saw last month, when the tomato prices per kg were around Rs 60 in most parts of NCR.
While the price of tomatoes has crossed the Rs 100 mark in Delhi and Mumbai, Bengaluru is not too far behind as the per kg price of the vegetable soaring at Rs 80, while it was just Rs 40 per kg in May, the prices now standing nearly doubled.
Why tomato prices are on the rise?
There are multiple reasons being attributed to the tomato prices in Delhi, Mumbai and Bengaluru, which have contributed to the inflation in vegetable rates. It is being said that the high temperatures are leading to farmers not being able to grow tomatoes, causing declining yields.
The heatwave and high temperatures in parts of India made it difficult for farmers to grow tomatoes, as well as the delayed monsoons and the lack of rains in many cities, leading to declining crop yield.
Will tomato prices come back to normal?
While the price of tomatoes remains high due to weather disturbances in many cities, it is expected that the rates of the vegetable will come back to normal in the next 10-15 days, according to NDTV media reports.
As per past trends, there is a spike in tomato prices every year during this time due to bad weather or lack of rainfall, however, the prices come back to normal over the coming weeks when the yield is supported by the weather.
READ | Inflation alert: Tomatoes prices soar to Rs 120 per kg in Delhi-NCR, Noida
The Rise of Lab-Grown Diamonds – Why Consumers are Choosing Sustainable Luxury
From Abroad to Home: Real Estate Investment Tips for NRIs in Indian Cities
Suhana Swasthyam 2024: India’s Premier Wellness Festival Celebrates Mindfulness and Inner Well-being
5 makeup trends that everyone will be talking about in 2025
IND vs AUS: How has Virat Kohli performed in pink-ball Test matches?
Meet Sufiyan Muqeem, Pakistan's mystery spinner who scripted history vs Zimbabwe in 2nd T20I
'Jai Shri Ram': Little kid dressed as 'Ram Lalla' steals hearts online, WATCH viral video
Charting a New Course: Unmanned systems and future of Indian Navy
WhatsApp to stop working on THESE iPhones from..., check list here
Renting Love: Why Vietnam’s youth is hiring partners to keep families satisfy
Pushpa 2 price hike gets thumbs up from Ram Gopal Varma, says 'why cry over movie tickets?'
Will KL Rahul open? India star drops major hint about batting position in Adelaide Test
Who is the next BCCI secretary? State units wonder after Jay Shah's elevation to ICC
IIT Madras student receives job offer worth Rs 4.3 crores from THIS company, set to work as...
Devendra Fadnavis set to be next Maharashtra CM: 'Ek hain toh safe hain'
J-K: Grenade attack by terrorists on Army post in Poonch; no casualties
Indian tech entrepreneur Yash Gupta launches breakthrough recycling plant to combat e-waste crisis
Cloud Architecture and Migration: The expertise and achievements of Anand Kumar Chennupati
Indian Navy’s Power on Display: Odisha hosts Navy Day operational spectacle
Chandni Chowk is among least polluted spots in Delhi, reason is...
THIS star cricketer confirms rift with MS Dhoni, says 'we don't talk...'
Singham Again OTT Release: Ajay Devgn film to start streaming online from.... but there is a twist
Shatrughan Sinha reacts to Vikrant Massey's temporary break from acting: 'Aaj kal be bache zyada...'
Jamshetji Tata shut down first business where Tata name was used due to...
'Mirchi ka halwa' dessert at wedding leaves guests in SHOCK, video goes viral
SAD Chief Sukhbir Singh Badal shot at Golden Temple
Pushpa 2 first review out: Allu Arjun, Rashmika Mandanna impress but Fahadh Faasil leaves...
Russia: Asteroid collides with Earth, lights up sky over Yakutia, watch viral video
Nargis Fakhri shares first post after sister Aliya Fakhri's arrest, it is connected to...
Indian Navy Day 2024: Know history, importance and theme of the day
Mukesh Ambani SUPERHIT plan for Jio users: 5G data, unlimited calls, OTT subscription at just Rs…
Shillong Teer Results TODAY December 4, 2024 Live Updates: Check lucky winning numbers, prize money
Rapper Eminem's mother, Debbie Nelson, passes away at 69
South Korean President Yoon Suk Yeol lifts martial law after major backlash: Here's what happened
Shraddha Kapoor accidentally shares her Aadhaar photo while taking selfie, pic goes viral
Meet woman, who cracked UPSC exam twice, resigned as IPS to become...
Sanjay Dutt's premium Scotch whisky brand makes record sales in 7 months, it is priced at Rs...
IND vs AUS: Yashasvi Jaiswal on verge of breaking THIS record of Sachin Tendulkar in Pink Ball Test
Comedian Sunil Pal found safe after his wife reported him missing in police complaint
DNA TV Show: High-tech preparations for Maha Kumbh 2025, UP govt to set up luxury tent city
This vegetable has multiple benefits, available for only 3 months in winter season, it is...
Watch: Sachin Tendulkar reunites with childhood friend Vinod Kambli, netizens say, 'how life...'
After Diljit Dosanjh, Karan Aujla comes under fire for glorifying alcohol
Amid Govinda and Krushna Abhishek's truce, Tina Ahuja makes shocking revelation: 'I will not lie...'
ISRO Launches Proba-3: ESA's Daring Mission To Touch The Sun On December 4
South Korean President Yoon Suk Yeol declares emergency martial law: What it means
Raid 2: Ajay Devgn-Riteish Deshmukh's crime thriller gets postponed, to release on THIS date
IIM CAT 2024 Answer Key out: Know how to download, get direct link here