India has extended the restrictions on the export of sugar beyond October 31, 2023, and until further orders, according to a notification by the Directorate General of Foreign Trade issued on Wednesday. The raw sugar, white sugar, refined sugar, and organic sugar are under export restrictions. The restriction is, however, not applicable to sugar being […]
Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills. The increasing prices may prompt the government to release more stocks from inventories and eliminate import duties on the cereal to bolster supplies and […]
Rice exporters and traders have halted grain procurement from local markets from Sunday onwards in the basmati rice-producing regions of Punjab, Haryana, and western Uttar Pradesh. The action is a response to the government’s decision to maintain the minimum export price (MEP) for basmati rice at a relatively high rate of USD 1,200 per tonne. […]
In a move to address concerns related to domestic rice prices and ensure an adequate supply for local consumers, the Indian Government has taken significant steps regarding Basmati rice exports. Effective from 25 August 2023, contracts for the export of Basmati rice with a value of USD 1200 per metric ton (MT) and higher are […]
India’s retail inflation eased to 5.02 per cent from 6.83 per cent in September which is a three-month low banking on sliding vegetable prices but remained above 4 per cent, a target aimed by the Reserve Bank of India (RBI). It is likely that RBI would like to get comfortable with inflation before easing rates. […]
The villagers and commuters in Khothagpa, Pema Gatshel, are greatly benefiting from a little vegetable sales booth established along the roadside. In addition to offering locally farmed, fresh fruit, it is also contributing to the local economy, Bhutan Live reported. In 2018, the government built the sales counter for the Khothagpa dairy group. Farmers have […]
The UAE food industry, seeking support from the Indian government for imports, has emphasized the substantial demand in Middle East countries for various products such as chicken, dairy, basmati rice, frozen marine goods, and wheat from New Delhi. To facilitate this, the industry has requested assistance in streamlining certification processes, enhanced coordination with the Agricultural […]
The Food and Agriculture Organization of the United Nations (FAO) raised its forecast for global cereal production in 2023 to 2 819 million tonnes, now 0.9 percent higher than the previous year. The higher forecast is almost entirely based on recent and more positive yield estimates for the Russian Federation and Ukraine compared to earlier […]
In September, a decline in tomato prices contributed to a significant reduction in the cost of both vegetarian and non-vegetarian thalis, offering relief to consumers grappling with soaring prices. The cost of a vegetarian thali decreased by 17 per cent month-on-month (MoM) in September. The primary driver of this reduction was the substantial drop in […]
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath has issued instructions to senior officials in the Department of Food and Civil Supplies to address the issues of hoarding and price increases of pulses within the state. These instructions include conducting inspections and verifications of pulse traders to enforce the revised stock limit set […]
