India has imposed a 20% export duty on non-Basmati parboiled rice, according to a notification the Ministry of Finance published Aug. 25. Sources in the Indian market were unclear
The move is likely to slow down the export of one of India’s most sought-after, high-value export items. The government has now deployed a full gamut of export restrictions on
Basmati rice below $1200 per tonne will not be allowed to export The Union Commerce Ministry has directed the Agricultural & Processed Food Products Export Development
The move is aimed at restricting possible illegal shipment of white non-basmati rice in the garb of premium basmati rice. Shares of most rice stocks declined on Monday after the
Commerce Ministry asks APEDA to talk to stakeholders and submit a report within a month if there is any need to lower the MEP There is an apprehension that importers may reduce
In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below $1,200 per tonne. The government has decided not to
NEW DELHI/MUMBAI: India may introduce a floor price for basmati rice exports, sources familiar with the matter said, after New Delhi last month ordered a halt to non-basmati white
India is the largest producer of basmati rice, a premium, aromatic food grain. (File Photo: Mint) New Delhi: The Indian government has set a minimum export price (MEP) of $1,200 a
The Centre on Sunday imposed conditional curbs on basmati rice export too, according to a notification. The new measure temporarily halts all basmati rice exports contracted at a
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