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Rice exporters face Rs 2,000 crore tax billIndia imposed a 20% export duty on white rice in September 2022 and subsequently on parboiled rice in August 2023 to control rising domesti...- Many large buyers from Turkey land in India to buy basmati rice; prices surge“The old contracts that were kept in abeyance because of sub-$1200 price per tonne are being shipped now. New orders are pouring in with la...
- Govt retains basmati rice MEP at $1,200/tonneExporters warned that the decision - announced in a circular issued on Saturday - will help Pakistan to eat into India's share in global ma...
- MEP can lead to drastic fall in exports, suppress basmati prices, says AIREATraders of basmati rice are concerned that the enforcement of a minimum export price (MEP) of $1,200/tonne by the Indian government will le...
- Basmati prices may zoom as rains hit Haryana cropThe country annually produces 8.5-9.0 million tonnes basmati rice. In FY22, India had exported 3.94 million tonnes of the variety to West A...
- AIREA concerned about future of Basmati rice exports as some west Asian countries tighten pesticide normsOman, Egypt, Jordan UAE and Saudi Arabia are among the nations which have adopted pesticide residue norms at part with those in the Europea...
- Covid fallout: Basmati orders dwindle over rising freight rates“Hardly any new orders are coming from the overseas markets. Unless the Covid situation improves in the country, we do not see good movemen...
- Container shortage and high freight likely to affect India’s agricultural exportsCheaper Indian rice saw much demand from Middle East during the pandemic due to problems in rice production of countries like Thailand and ...
- China begins import of Indian rice after 2 years amid border tensionIndia is the world's major exporter of rice, while China is the biggest importer. In 2006, China was given market access for Indian rice bu...
- India's basmati rice production to be higher than last year's level due to monsoon boost“Production of basmati rice will be higher this year, which is good for the industry. Domestic consumption is increasing and newer markets ...
- High prices of basmati rice to slash exportsTraders said basmati prices were 25% higher in the domestic market and by 25% to 40 % in the international market than the previous year.
- Steady export demand may keep basmati prices firmSteady export demand and increased buying by domestic traders are expected to keep basmati prices bullish. Production of both traditional a...
- Iranian team to arrive soon for inspecting basmati qualityIn a concerted bid to defuse the controversy over Basmati exports to Iran, the All India Rice Exporters Association (AIREA) has extended an...
- AIREA invites Iranian organisations over Basmati export rowIn a concerted bid to defuse the controversy over Basmati exports to Iran, the All India Rice Exporters Association (AIREA)has extended an ...
- Basmati exports to Iran may suffer on negative media reportsBasmati exporters are trying to fend off fresh threats to their business with Iran.
- King Khan to pitch for BasmatiRice exporters will present their case before the govt for a Basmati promotion campaign featuring Shahrukh.
- Ministry can’t digest Badshah’s basmati promo feeKing Khan’s date with Basmati will have to wait. More than a month after the Basmati Development Fund (BDF) cleared a Rs 20-crore promotion...
- King khan may promote basmatiIt has all the makings of a Brand India mega potboiler: Bollywood meets Basmati.
- Rice cos set export benchmark priceTired of racing each other to the bottom of the price pyramid, local basmati companies have decided to announce a benchmark price for each ...
- India, Pakistan want common IPR for basmatiIndia and Pakistan are likely to get a common trademark for basmati rice as they agreed to jointly file a case to claim Intellectual Proper...
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