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IRAN BASMATI RICE IMPORTS
Trump presence at NATO summit 'significant' for alliance's stability: Turkey's Prez ErdoganPresident Trump's presence at the NATO summit in Ankara next month is vital for the alliance's stability. This meeting is considered highly...- Suez Canal sees oil tanker surge amid Strait of Hormuz disruptionEgypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...
- What is the US Fifth Fleet, America’s backbone in the Middle East and why is it under Iran’s attack?Iran's IRGC claimed to have targeted the US Navy's Fifth Fleet headquarters in Bahrain amidst escalating tensions. This naval command, cruc...
- China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
- Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- Netanyahu, Trump at odds over the war they started togetherIsrael's recent strikes on Lebanon and Iran reveal diverging war aims between President Trump and Prime Minister Netanyahu. While Trump see...
- West Asia War: Hormuz strait will be open but with transit fees, Iran envoy to Moscow quotedIran and Oman will control passage through the Strait of Hormuz. New conditions, including transit fees, will be implemented. This follows ...
- Obama casts a long shadow as a hefty Iran bill lands on Trump’s deskIran seeks billions in frozen assets for a deal with the US. Trump previously criticized his predecessor, Barack Obama, for similar financi...
- Vietnam rice prices rise on El Nino concerns; Bangladesh rates stay high amid heatwaveBangladesh is also seeing high prices as a heatwave impacts crops and rains damage existing supplies. India's prices remain steady with goo...
- World food prices slip in May, still near three-year high, FAO saysGlobal food prices edge lower in May as FAO forecasts a 2% decline in world cereal production for 2026-27.
- Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh PuriIndia is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly r...
- India imports 55% of LPG from the US, 12% from Iran in MayIndia's LPG imports saw a significant shift in May. The United States became the largest supplier, providing over half of the country's nee...
- Asia rice surges 20% in May as war and weather threaten outputAsian rice prices experienced their largest monthly surge in nearly two decades in May, driven by weather risks and escalating energy and f...
- Trade pact with Oman strengthens India's energy security: ExpertsThe recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts n...
- Too hot to handle: Heatwave in North India slows textile, rice supply chainsNorthern India's blistering heatwaves are wreaking havoc on vital industries, significantly hampering the trade of Basmati rice and textile...
- India rice exports decline as Iran war curbs basmati shipments to GulfIndia's rice exports saw a slight dip in the first four months of 2026. Shipments of premium basmati rice to Gulf markets faced disruptions...
- Wilmar International chief says India must target 60% self-sufficiency in edible oilsIndia needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-su...
- West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
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