As news broke of a 31 percent increase in dollar earnings from rice exports, many broke out the proverbial champagne. Afterall, the early months of the fiscal year have
Workers weigh and pack paddy bags at Sitapur market, in the northern state of Uttar Pradesh, India October 20, 2023. REUTERS/Rajendra NEW DELHI, Nov 28 (Reuters) – New
Global demand and curns on exports push up mandi prices. The prices of short duration Pusa basmati 1509 paddy are currently ruling in the range of Rs 4,000/quintal, against a
In places like Taraori region of Haryana, farmers are sowing lab-developed varieties of the long-grained rice. Prominent traditional varieties of Basmati are nearing
The AIREA, the apex body of basmati rice exporters had earlier urged its members to discontinue or stop buying paddy in the interest of the trade due to high MEP. Similarly, the
Synopsis “The old contracts that were kept in abeyance because of sub-$1200 price per tonne are being shipped now. New orders are pouring in with large buyers from Turkey
BENGALURU, Oct 30 (Reuters) – Indian rice producer and exporter LT Foods LTOL.NS reported a 74.3% surge in quarterly profit on Monday, boosted by strong
Key Highlights: Introduction Basmati rice has a beautiful smell and taste. This comes from its origins in India. The Himalayan region is the perfect place to grow it.
NEW DELHI: India has cut the floor price for basmati rice exports to $950 per tonne from $1,200, a government source told Reuters on Thursday, after farmers and
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