A prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...

Summer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...

Basmati rice prices have dropped locally due to disruptions in exports to the Middle East. This key market accounts for half of India's bas...

Basmati rice prices, recently elevated due to increased exports, are anticipated to decrease as exports to Iran are expected to decline ami...

Traders of basmati rice are concerned that the enforcement of a minimum export price (MEP) of $1,200/tonne by the Indian government will le...

The industry whose performance is linked to exports to a large extent is expected to have a weaker H1 FY2021.

India is the largest exporter of basmati rice and its price is a function of global trade. A decline of 10% in price was recorded in the fi...

On the supply side, basmati paddy prices continued to firm up for three years in a row.

ICRA note mentions that besides Iran, changing trade policies by another major importer Saudi Arabia could also have a significant impact.

The ability of the Indian rice millers to pass on the increase in the MSP would be constrained by the propensity of the importing countries...

The expected fluctuation in the price of Basmati rice is likely to see the aromatic long-grain variety lose acreage this kharif season to t...

The industry is expected to witness weak sales growth or degrowth and decline in profitability in 2015-16, Majumdar said.

According to an estimate by exporters, basmati shipments are likely to come down to 35 lakh tonne from 37 lakh tonne in the previous year.

Traders said fall in demand at existing higher levels against increased supplies from producing regions mainly led to fall in prices.

The government will consider bringing down the minimum export price (MEP) for basmati rice further.

Basmati rice exports are estimated to have jumped 13% despite a cess of Rs 8,000 a tonne, while shipment of non-basmati varieties fell by 3...

The wholesale price of rice on Friday declined by Rs 200 a quintal here due to lack of demand from the buyers.