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BASMATI RISE
Exports diversification drive adds $202 million to kitty in FY26India's exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Shi...
Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
Revenue growth of basmati industry to moderate to 4% this fiscal from 20% seen last fiscal, says CrisilIndia's basmati industry is set to see a revenue growth of around 4% this fiscal, reaching nearly Rs 70,000 crore. This growth is driven by...
Vegetable, beverages get costlier, West Bengal CM calls for a meeting to review situationPrices for daily staples like potato and tea in West Bengal have risen sharply, with the cost of potatoes increasing by 17 percent and tea ...
Non-basmati rice exporters to suffer, while basmati rice exporters could flourish due to export ban: Ind-Ra reportThe export ban on non-basmati rice is expected to aid basmati producers through higher realisation and lower working capital requirements, ...
No rise seen in consumer staples pricesAngshu Mallick, MD of Adani Wilmar, said "Prices of non-basmati rice may fall by another 3% in coming weeks. Tur dal (pigeon pea) prices, w...
Inflation pulls down demand for cooking oil, Basmati, chickenRussia's invasion of Ukraine that started in last week of February has seen global commodity prices surging as supply chain was disrupted.
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...
Price of non-basmati rice shoots up to 15% while potato price falls by more than 65%The price of non-basmati rice, which is consumed by more than 80% of the Indian population, has shot up by 10-15% since January, as Banglad...
India’s exports of basmati rice to Belgium and Netherlands soarRising demand for basmati rice in these European countries has resulted in a better price realisation for farmers, mainly from the basmati ...
Basmati rice exporters from India are renegotiating with importers from Australia, Canada and the USThe industry players are also worried about Pakistan’s move to start exporting their basmati rice to Iran under the barter system.
Basmati export to Iran likely by next weekRice exporters, who are already getting 20% higher price for basmati compared with last year, said Iran could start import as early as next...
Millers double non basmati purchase in PunjabThis year millers have already bought around 2 lakh tonnes of paddy compared to 1.5 lakh tonnes in the entire procurement season in the las...
Exporters see international basmati prices rise 12%Basmati exporters expect prices of this popular rice variety to increase 10%-12% in the international market this year as the demand starts...
- Rice prices will remain firm, but not increase: Gurnam Arora, Jt. MD, Kohinoor Foods
In an interview with ET Now, Gurnam Arora, Jt. MD, Kohinoor Foods, talks about the rice prices and export.
- Non-basmati export ban decision hasty: Exporters
Rice exporters on Tuesday termed the government’s decision to ban non-basmati export as hasty and said there was no need to put a blanket b...
- 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 ...