The Philippines has lifted restrictions on Basmati rice imports from India, paving the way for higher farm incomes and stronger trade ties. Indian rice exporters will visit Manila next month as both countries expand cooperation in food security and agricultural trade
About 1,00,000 tonnes of Indian basmati rice for Iran are stuck at ports due to the Israel-Iran conflict. No ships or insurance are available. Exporters face losses, and rice prices have dropped. Talks with the government are planned
Experts warn that rising tensions between Iran and Israel could severely impact India’s trade with West Asia, disrupt oil shipments via the Strait of Hormuz, and push up prices. Key exports like rice and bananas are particularly vulnerable to delays
This regulatory measure became necessary in response to credible field reports indicating misclassification and illegal exports of non-Basmati white rice.
The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice
New Delhi: Adani group company, Adani Wilmar has announced it would acquire popular rice brand Kohinoor from McCormick Switzerland GMBH. The takeover will give Adani Wilmar an exclusive rights over the brand Kohinoor Basmati rice along with a’Ready to Cook’, ‘Ready to Eat’ curries and meals portfolio under the Kohinoor Brand umbrella in India, it […]