The Indian government has reduced the floor price for basmati rice exports from $1,200 to $950 per tonne in response to concerns over declining exports. This move aims to boost competitiveness in the global market and rejuvenate the industry.

The government of India has reduced the floor price for basmati rice exports from $1,200 per tonne to $950 per tonne, aiming to boost outward shipments. This decision follows concerns over the negative impact of higher prices on basmati rice exports. Source: Business Standard.

India has reduced the floor price for basmati rice exports from $1,200 to $950 per metric ton following complaints from farmers and exporters. This move aims to regain competitiveness in global markets, benefitting both farmers and exporters.

The Indian government has reduced the floor price for basmati rice exports from USD 1,200 per tonne to USD 950 per tonne to address concerns of decreased outward shipments. This move aims to increase competitiveness and benefit farmers and exporters.

Parboiled rice export prices decline in India for the fourth consecutive week due to a tax extension, while Vietnamese rates increase due to demand from Indonesia. Supply and demand factors continue to shape rice prices in these countries.

Tonali, a recent transfer to Newcastle United, has been banned by the FIGC due to a gambling addiction. He must undergo treatment and share his experiences over eight months, with this ban expected to apply to international football. The decision reflects the FIGC’s dedication to tackling problem gambling in football and providing support to those in need.

The Indian government has reduced the floor price for basmati rice exports in order to address concerns about high prices and boost competitiveness. This move aims to reinvigorate the industry and provide relief to farmers and traders.

The Centre responds to basmati rice exporters’ demands by reducing the floor price to $950 per tonne, addressing concerns about negative impact on exports. The revised price limit of $950 per tonne for basmati rice export contracts is communicated to APEDA.

The Union Commerce Ministry has announced a decrease in the price limit for basmati rice export contracts, impacting rice exporters and suppliers in Pakistan. Adjusting pricing strategies and monitoring the industry will be key to remaining competitive in the market.

Pakistan’s rice exporters are experiencing a surge in business, with a 36% increase in exports in the first quarter of the current fiscal year. Factors contributing to this growth include improved quality control measures, enhanced infrastructure, aggressive marketing strategies, and government support. With competitive pricing and a wide variety of rice options, Pakistan is becoming a preferred source for international rice importers.