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BASMATI RICE NEWS
India, the world’s top rice shipper, now has restrictions on every grainOver the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety. The gove...
Rice prices jump 10% in just five days on Dhaka duty cutsOn June 22, Bangladesh came up with a notification that allows imports of non-basmati rice till October 31. This is for the first time that...
Inflation hits popular food combo: Consumers feel the pinch of rising chicken and rice pricesPrices of chicken will cool off in October-November when harvesting of soyabean, a key ingredient for animal feed, starts. At present, chic...
Iran starts clearing basmati rice duesThe Middle East country buys around 34% of the rice variety shipped out of India. But lack of an effective payment system has hit this trad...
Within days of launch, Paddy 1121 contract hits lower circuit on ICEXThe paddy 1121 grade contracts were launched on ICEX platform on July 11, 2019.
Europeans prefer Indian Basmati platter, farmers happyFarmers are getting 40 per cent-50 per cent higher prices for their basmati varieties at Rs 3,000-3,500 per 100 kg this year.
Saudi Arabia-India to jointly build rice distribution hub in DubaiA new Saudi Arabia and India JV has been formed to build a rice distribution hub in Dubai to link Indian production to consumers in the Mid...
Reduced supply from India pushes rice price up in Saudi ArabiaPrice of imported rice including the Indian Basmati has shot up 20 per cent in Saudi Arabia due to shortage of supply from India, as per a ...
Basmati prices shoot up, govt may hike MEPPrices for basmati rice varieties have shot up from earlier lows, indicating exporters are willing to buy from farmers at higher prices.
- ICAR clean chit for Pusa 1121 helps clear export clog
The country’s premier farm sector research agency, Indian Council of Agricultural Research, has found the basmati rice variety Pusa 1121 sa...
- Basmati rice 'Pusa 1121' is safe for human consumption
Indian basmati rice variety Pusa 1121 is safe for human consumption and does not contain any heavy metals, the state-run Indian Council of ...
- Basmati exports lose price advantage as Pak removes MEP
Basmati exporters from India are in a spot despite a sharp fall in the value of rupee versus the US dollar.
- Foreign mags get nod to print local editions
The Union Cabinet approved amendments to the Agriculture Processed Food Products Export Development Authority (APEDA) Act for registration ...
- Fearing surge in exports, govt puts off declaring Pusa 1121 as basmati
Three million more tonnes of rice output in 2007-08 (June to May crop year) may not be enough to reassure the government about food securit...
- Facing rice shortage, Saudi seeks India's help
Reeling under shortage of rice, Saudi Arabia has approached India to discuss issues relating to its supply, including possible lifting of r...
- India rice export ban hits UAE badly
India's decision to ban the export of non-basmati rice will badly impact consumers in the UAE and other Gulf states.
- UAE may face hike in prices of rice
The United Arab Emirates (UAE) is all likely to face a hike in the prices of rice after India, which supplies a major chunk, imposed a ban ...