Export Demand
Tea Industry Cheers 82% Surge In Government Financial Support For Promotion
Finance National News

Drop In Prices, Rate Hikes To Shrink Margin For Tea Estates In North India: Report

The rating agency Icra expects the margin for tea estates based out of North India (NI) to be significantly impacted in FY2024 due to the double whammy of increase in the cost of production, following the wage rate hikes in West Bengal and Assam and the drop in realisation due to the low export demand […]

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Basmati Paddy Prices Surge 11-14% In India Amidst Robust Global Demand
Government National News

Basmati Paddy Prices Surge 11-14% In India Amidst Robust Global Demand

Mandi prices of various basmati paddy varieties in India have witnessed a significant surge, ranging from 11 to 14 per cent, just one month after the government’s decision to reduce the minimum export price (MEP) of basmati rice to USD 950/tonne, aiming to stimulate exports. Exporters attribute the increase in basmati paddy prices to robust […]

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