The disruptions in the Red Sea region have raised concerns about India’s rice exports, particularly basmati rice, due to increased logistics costs. The situation will become clearer next month when the latest trade data is released, according to Union Commerce Minister Piyush Goyal.

The Pakistan Stock Exchange saw exceptional growth in 2023, with the KSE 100 Index surging by 55%. Factors such as a favorable IMF Stand By Agreement, currency stability, and upcoming national elections contributed to the market’s success. Foreign corporations also became net purchasers for the first time in three years, indicating a positive shift in investor sentiment.

Join Palki Sharma as she uncovers the true essence of New Year’s Eve, examining the reasons behind the chaotic celebrations and potential disappointments. Discover the underlying motivations that drive the frenzy and reflect on the meaning of this global phenomenon.

Italian Senator Lavinia Mennuni sparks outrage with her comment that women should prioritize having children, leading to criticism from opposition parties. The Brothers of Italy party, fighting against Italy’s declining birth rate, supports Mennuni’s view. Mennuni’s past controversial proposal regarding Catholic-themed activities in schools is also highlighted.

COAS General Asim Munir affirmed the military’s commitment to boosting Pakistan’s agricultural growth at the National Farmers Convention. Highlighting the Green Pakistan Initiative, he emphasized the virtues of agriculture and the army’s role in providing support and resources to farmers. General Munir also vowed to suppress mafias and create a positive environment, while proudly highlighting Pakistan’s abundant resources.

The Red Sea unrest has led to a decline in rice exports, particularly basmati rice, while e-commerce exports have reached a record-breaking $800 million this year. Minister Goyal plans to reduce costs and expand opportunities for small exporters through the Roadtape and lane schemes. Promoting e-commerce exports in sectors such as textiles and handicrafts is also a priority.

The Caretaker Food Minister of Pakistan, Dr. Kausar Abdullah Malik, denies rumors of a wheat shortage, assuring that the country can meet domestic demand and export essential items like wheat and rice. Pakistan’s rice exports have also thrived, with competitive prices and a network of rice mills and suppliers ensuring a reliable supply in the international market.

Despite a decrease in rice exports from Myanmar, the global rice market remains dynamic, with Pakistan emerging as a key player. To stay updated on the latest developments in the rice industry, visit www.hasrice.com and www.pakistanrice.com.

The surge in prices of pulses and rice places further strain on consumers, prompting the Central Kariyana Merchants Association to call for an urgent meeting to reassess and revise prices. The association also emphasizes the need for a fixed profit percentage and clear SOPs for pricing guidelines. Source: The Express Tribune.

Pakistan’s Caretaker Minister for National Food Security and Research, Dr. Kausar Abdullah Malik, assures an abundant supply of wheat in the country. Emphasizing Pakistan’s potential to meet its own food requirements and export essential items like wheat and rice, he highlights efforts to increase wheat productivity and support the agricultural sector. Farmers are assured of ongoing support.