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Monday, November 11, 2024

rice exports

India considers easing rice export restrictions to prevent oversupply ahead of new harvest

News
India, the world's largest rice ͏exporter, may ease restri͏ctions o͏n exports of certain varieties to preve͏nt an overs͏upply in the country ahea͏d of the new crop's arriv͏al in October,͏ according to source͏s familiar with the situation. Govt's...

Rice exporters in India face huge tax demand, casting shadow over exports

News
Indian exporters have been issued notices by the customs department requiring payment for duty differences on rice exported over the past 18 months, four exporters informed Reuters. This uncommon tax demand could severely impact rice exports...

ITC Q3 net profit surges 6.5% to INR 5,400.52 Crore; revenue records 2.43% growth

News
Diversified entity ITC Ltd on Monday reported a 6.51% surge in its consolidated net profit for the December 2023 quarter, totaling INR 5,400.51 crore....

Indian rice exporters face uphill battle in 2024 amid policy uncertainties and price challenges

News
Indian rice exporters are bracing for a challenging year ahead, marked by policy uncertainties and elevated local prices that hinder the normalization of rice...

India’s rice trade takes hit from Red Sea unrest, Minister Piyush Goyal calls for assessment

News
Trade and Industry Minister Piyush Goyal stated on Thursday that the export of rice has been affected by issues in the Red Sea. However,...

India’s basmati rice export policy tightens with $1,200/Tonne threshold

News
On Sunday, the government announced its decision to prohibit exports of basmati rice priced below $1,200 per tonne. This measure aims to prevent potential...

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