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RICE STOCKPILE SCHEME
Singapore in close contact with Indian authorities to seek exemption from non-basmati rice export banSingapore is in close contact with Indian authorities to seek exemption from the country's ban on export of non-basmati rice, the city stat...
No disruption in Singapore's rice supply from India: ReportThe Indian government on Thursday imposed a 20 per cent export duty on non-basmati rice except for parboiled rice to boost domestic supplie...
Fighting inflation: India looks to rains, not just rates"Will monetary policy action will be able to contain (food inflation)? Very honestly, it will not," said Indranil Pan, chief economist at Y...
Ukraine war ups pressure for US oil; industry faces hurdlesBut for the next few months, he's waiting on the sidelines and struggling to get enough workers to watch over roughly 100 oil wells the com...
Great commodities boom: China is hungry. What should India do?Prices of industrial commodities have shot up, and this has had a significant impact on many export-centric sectors. However, it may not be...
India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containersIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containe...
India's milk powder exports to surge on subsidies, dampen global pricesThe potential 100,000 tonnes of shipments expected in the 2018/19 year starting April 1 compare to 11,500 tonnes a year earlier, Sodhi and ...
RBI verbatim: Here's what the money policy saysThe reverse repo rate has been adjusted to 5.75%, and the MSFrate and the bank rate to 6.25%.
RBI cuts Repo Rate by 25 bps: Full text of third bi-monthly monetary policy, 2017-18The reverse repo rate under the LAF stands adjusted to 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate to 6....
India discussing oil-for-food scheme with oil rich nationsIndia needs large amount of crude oil for meeting its energy needs while the Middle East countries are short in food production.
Thai former PM Yingluck to face trial over rice schemeYingluck was charged by public prosecutors with having violated the Criminal Code and the Anti-Corruption Act in the rice-pledging case.
India, US agree to continue talks on visa issuesBoth the countries stressed on the importance of providing a transparent and predictable policy environment to help attract investments in ...
Rice subsidy legroom may be the reason behind India's hard stand at World Trade OrganisationIndia is not far from its 10% subsidy limit on total value of production & permanent solution to public stockpiling for food security is cr...
India's wheat stocks up 76 per cent, more pressure to boost exportsWheat stocks for May at government warehouses surged more than 76 percent to 42.7 million tonnes from April.
Government intends to evacuate 10 MT of wheat; export price of new wheat should be $220/tonneIndia has been absent from the world market for six years. For accelerating exports, market focus has to be shifted from Black Sea to India.
- Govt agencies procure less rice compared to last yr
Rice procurement by government agencies upto October 15 this year is well below the quantity bought in the same period last year.
Kharif rice output may see a shortfall of 17 million tonneEstimated shortfall in kharif rice leads govt to abolish import duty on rice till Sept 2010.