market prices

JS panel asks govt to take action against profiteers

A parliamentary committee on Sunday asked the government to take tough against a number of ‘big players’ who manipulate the market prices of essential commodities to make excessive profits. ‘Those who were brought to book are not the main culprits. There are some big players who manipulate the market prices,’ said MA Latif, a member of the parliamentary standing committee on commerce ministry, after a meeting of the committee.

Extortions at different points: Prices of essentials escalate

The FBCCI monitoring team appeared to have little success in stabilising market prices during the Ramzan. Sometimes they are helpless, at least their body language says during the TV projection, in containing the buyers' wrath as the prices of the daily necessities continue to go up.