India’s basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan is offering the grain at competitive prices amid a rebound in production, industry officials said. India and Pakistan are the leading exporters of the premium long-grain variety of rice, famous for its aroma, to countries […]
India witnessed a 1.17 per cent decline in tea exports, totalling 207.14 million kilogram (kg) during the January-November period of 2023, as reported by official data. This figure marks a decrease from the 209.60 million kg exported during the same period in the previous year. According to Tea Board data, North India, primarily comprising Assam […]
Oil prices rose 2 per cent on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea. The attack added to market concerns about the potential impact a broader conflict in the […]
Iran’s Secretary of the Supreme National Security Council (SNSC) Ali Shamkhani has called for increased use of the rial and rupee in trade with India, Islamic Republic News Agency (IRNA) reported. In a meeting with National Security Advisor of India Ajit Doval in Tehran on Monday, Shamkhani said using national currencies in bilateral trade between […]
