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...
25 May, 2026, 03.29 PM IST
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...
01 May, 2026, 04.00 AM IST
Basmati rice prices fall in local market as Iran war disrupts exportsBasmati rice prices have dropped locally due to disruptions in exports to the Middle East. This key market accounts for half of India's bas...
05 Mar, 2026, 12.18 AM IST
Basmati prices may soften soon amid Israel-Iran conflictBasmati rice prices, recently elevated due to increased exports, are anticipated to decrease as exports to Iran are expected to decline ami...
16 Jun, 2025, 12.44 AM IST
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...
29 Aug, 2023, 09.15 AM IST
Covid-19 spread in key basmati rice export destinations will impact the industry: ICRAThe industry whose performance is linked to exports to a large extent is expected to have a weaker H1 FY2021.
07 Apr, 2020, 07.26 PM IST
Basmati paddy price slides in India due to tepid global demand, higher outputIndia 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...
02 Nov, 2019, 05.32 PM IST
Basmati exports growth to slow down in FY20: ICRAOn the supply side, basmati paddy prices continued to firm up for three years in a row.
26 Sep, 2019, 02.42 PM IST
Basmati rice exports face an uncertain outlookICRA note mentions that besides Iran, changing trade policies by another major importer Saudi Arabia could also have a significant impact.
19 Sep, 2018, 01.50 PM IST
MSP hike may hit export competitiveness of non-basmati rice millersThe ability of the Indian rice millers to pass on the increase in the MSP would be constrained by the propensity of the importing countries...
29 Aug, 2018, 05.23 PM IST
Basmati rice to lose acreage due to fluctuation in priceThe expected fluctuation in the price of Basmati rice is likely to see the aromatic long-grain variety lose acreage this kharif season to t...
01 Jul, 2016, 08.23 PM IST
Basmati prices likely to firm up in near term despite tepid demandThe industry is expected to witness weak sales growth or degrowth and decline in profitability in 2015-16, Majumdar said.
12 Apr, 2016, 11.42 AM IST
Iran ban, Iraq duty hike to take a toll on rice exportersAccording to an estimate by exporters, basmati shipments are likely to come down to 35 lakh tonne from 37 lakh tonne in the previous year.
06 Jan, 2015, 12.40 PM IST
Rice basmati prices decline due to fall in demandTraders said fall in demand at existing higher levels against increased supplies from producing regions mainly led to fall in prices.
19 Jan, 2013, 12.44 PM IST
- Govt to revise MEP for basmati rice
The government will consider bringing down the minimum export price (MEP) for basmati rice further.
05 Feb, 2009, 01.23 PM IST
- Global demand pushes up basmati exports; ban dents other varieties
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...
08 Oct, 2008, 01.36 AM IST
- Rice prices down on poor demand
The wholesale price of rice on Friday declined by Rs 200 a quintal here due to lack of demand from the buyers.
25 Apr, 2008, 05.40 PM IST