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New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
New Delhi [India], April 9 (ANI): India's Basmati rice export sector has remained resilient despite tensions in the West Asia region, with exporters saying the impact of the conflict has been far less severe than initially feared due to alternative supply routes and timely policy support from the government. According to Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF), the sector faced initial disruptions after the conflict began, but has since stabilised and is currentl ...Read More >
Ludhiana, Apr 9 (PTI) The country's merchandise exports are expected to register a fall of 2-3 per cent in 2025-26 due to global economic uncertainties, aggravated by the West Asia crisis, according to FIEO. Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may have led to a decline in shipments by 7-8 per cent in March. The joint attack launched by the US and Israel on Iran on February 28 severely disrupted the country's exports to West Asia, pushed up ...Read More >
New Delhi, Apr 2 (PTI) Shares of Basmati rice exporter Amir Chand Jagdish Kumar (Exports) on Thursday listed at a discount of more than 17 per cent against the issue price of Rs 212. The stock began trading at Rs 195, down 8.02 per cent on the BSE. Later, it extended its losses by plunging 17.22 per cent to close at Rs 175.50 apiece -- also its lower circuit limit. On the NSE, it started trading at Rs 200, down 5.66 per cent. Later, the stock slumped 15.09 per cent to settle at Rs 180, also it ...Read More >
Mumbai: India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read: India's economy shows early strain; ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. The report ...Read More >
New Delhi, Apr 2 (PTI) Shares of basmati rice exporter Amir Chand Jagdish Kumar (Exports) on Thursday listed with a discount of 8 per cent against the issue price of Rs 212. The stock began trading at Rs 195, a decline of 8.02 per cent on the BSE. Later, it extended losses by plunging 10.59 per cent to Rs 189.55. On the NSE, it started trading at Rs 200, a drop of 5.66 per cent. The scrip of the company later plunged 12 per cent to trade at Rs 186.76 on the exchange. The company's market valu ...Read More >
MUMBAI: KRBL isn't just cooking rice, it's serving up a hearty profit platter even as some costs bubble over. The Delhi-based basmati giant reported consolidated profit after tax of Rs 169.97 crore for the quarter ended 31 December 2025, down slightly from Rs 172.11 crore a year earlier, despite a revenue dip. Revenue from operations stood at Rs 1,476.93 crore (down from Rs 1,681.90 crore), with other income Rs 24.62 crore, pushing total income to Rs 1,501.55 crore. Expenses totalled Rs 1,272.8 ...Read More >
PM Modi is in Oman for a 2-day visit marking 70 years of India-Oman ties. The trip's central focus is the Comprehensive Economic Partnership Agreement (CEPA), a trade pact expected to double bilateral trade and boost energy and food security. In the third and final leg of his three-nation visit, Prime Minister Narendra Modi will visit Oman on December 17-18. This trip, which marks 70 years since the establishment of diplomatic ties between India and Oman, focuses on strengthening business and s ...Read More >
Muscat - Indian business leaders and representatives of industry chambers have underlined the growing depth of India-Oman economic relations and pointed to significant growth opportunities across multiple sectors as Prime Minister Narendra Modi visits Oman on December 17-18. In a report published by ANI, Naveen Jindal, Chairman of Jindal Steel, said the Prime Minister Modi's visit has generated widespread enthusiasm in the sultanate. "This is a very big moment that India's Prime Minister, Nare ...Read More >
India and the US are nearing a framework trade deal. Commerce Secretary Rajesh Agrawal stated that further formal discussions may not be needed. Negotiations with the European Union on a free trade agreement have entered a difficult phase. India and the EU are working to resolve differences, including the Carbon Border Adjustment Mechanism. India and the US on the cusp of clinching a framework trade deal and both sides may not require further rounds of formal discussions, commerce secretary Raj ...Read More >
New Delhi: Union Commerce Secretary Rajesh Agrawal said on Monday that India is "very close" to concluding an interim trade deal with the US to bring down tariffs but stopped short of fixing any timeline on the issue. "We are very close on closing the initial framework deal, but I don't want to put a timeline to it," the Commerce Secretary told journalists here. "We have done six rounds of talks with the US, where we have discussed both the BTA (bilateral trade agreement) as well as an interim ...Read More >
US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, repor ...Read More >
New Delhi [India], October 30 (ANI): The two-day Bharat International Rice Conference (BIRC) 2025 began in New Delhi on Thursday, highlighting India's growing leadership and expanding global influence in the rice sector. The event has brought together delegates from over 80 nations, including top global rice importers, exporters, scientists, and policymakers. The conference is being hosted by the Indian Rice Exporters' Federation (IREF). Also Read | When is IND vs AUS 2nd T20I 2025 Match? What ...Read More >
Chandigarh: Farmers in the state whose paddy crop was spared from floods are nonetheless facing a twofold setback. Untimely rains have reduced yields by 6-8 quintals per acre in some areas, and the resulting moisture content -- exceeding the 17% limit -- is hindering procurement at the minimum support price (MSP).Before paddy could ripen, the crop was also hit by paddy false smut -- a fungal disease that replaces kernels with yellow, powdery balls resembling turmeric powder -- and the southern r ...Read More >
Jammu: Farmers thrash paddy plants to separate the rice grain, on the outskirts of Jammu India has identified 26 countries as potential markets for expanding its rice exports, including Indonesia, Philippines, Vietnam and the US, with a potential of unlocking Rs 1.8 lakh crore of export orders, and is set to focus on these at the Bharat two-day International Rice Conference (BRIC) 2025 in Delhi next week. India wants to strengthen its position in regions where competitors such as Pakistan and ...Read More >
New Delhi [India], October 24 (ANI): India is looking to expand its rice export reach into new markets such as the Philippines, Gambia, Liberia, and Ghana, said Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF) and Director of Shri Lal Mahal Group, during a press conference ahead of The Bharat International Rice Conference (BIRC) 2025. Garg noted that the agriculture ministers from these four nations will attend the conference, calling their participation a "major mileston ...Read More >
New Delhi [India], October 1 (ANI): The upcoming Bharat International Rice Conference, scheduled to be held on October 30-31 at Bharat Mandapam in Delhi, is expected to give a significant push to India's rice exports and benefit thousands of farmers across the country. The conference is being organized for the first time in India and will bring together a large number of global stakeholders from the rice industry. Highlighting the importance of the event, Prem Garg, National President of the I ...Read More >
New Delhi [India], October 1 (ANI): The upcoming Bharat International Rice Conference, scheduled to be held on October 30-31 at Bharat Mandapam in Delhi, is expected to give a significant push to India rice exports and benefit thousands of farmers across the country. The conference is being organized for the first time in India and will bring together a large number of global stakeholders from the rice industry. Highlighting the importance of the event, Prem Garg, National President of the Ind ...Read More >
India's rice exports for marketing year 2025-26 (October-September) are set to rise to 22-23 million metric tons, up 10%-15% year over year with the ambitious expectations to close exports at 30 million mt, up 50% year over year, against the backdrop of a bumper crop with estimated production at 145 mil mt, up 7% up year over year, Prem Garg, National president of Indian Rice Exporters Federation and chairman of the Shri Lal Mahal Group, told Platts. Meanwhile, as per IREF estimates, surplus st ...Read More >
Mumbai: Nearly a year after joining KRBL Ltd as an independent director, Anil Chaudhary has stepped down from the board of the renowned India Gate basmati brand owner, alleging corporate governance issues. In his resignation letter, the former Steel Authority of India Ltd (Sail) chairman flagged several governance concerns at the country's largest exporter of basmati rice, including inconsistencies in recording minutes of the company's board meetings, instances of information being withheld fro ...Read More >
New Delhi, Sep 15 (PTI) Shares of KRBL Ltd, a leading basmati rice producer and owner of the India Gate brand, tanked nearly 10 per cent on Monday after the company said its board has ordered an independent review following the resignation of independent director Anil Kumar Chaudhary, who raised multiple corporate governance concerns. The stock tumbled 9.59 per cent to settle at Rs 401.50 on the BSE. During the day, it plunged 12.84 per cent to Rs 387.05. At the NSE, it dropped 9.60 per cent t ...Read More >
Amritsar: In a significant step towards preserving Punjab's culinary identity and traditions, the Punjab Food Processing Department is exploring the possibilities of securing a Geographical Indication (GI) Tag for Amritsari Kulcha.A GI tag is a label given to products that have a unique quality, reputation, or characteristic due to their specific geographical origin, such as a region, town or country.This was informed by principal secretary of the food processing department, Punjab, Rakhee Gupta ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many cl ...Read More >
Kedia Advisory - India's basmati rice exports to the US fell 13% to 78,000 tonnes in April-July 2024 from over 90,000 tonnes a year earlier, with sharper declines expected in August following tariff hikes from 25% to 50% after August 27. Pakistan, facing only 19% duty, stands to benefit. The US is among the highest-value markets for Indian basmati, with realisations near $1,230/tonne. Exporters are exploring China as an alternative market amid improving bilateral ties. Basmati remains a key agri ...Read More >
Jammu: Launching a scathing attack on the Bharatiya Janata Party (BJP) and the National Conference (NC), People's Democratic Party (PDP) chief Mehbooba Mufti on Friday accused them of failing to deliver on development and peace in Jammu and Kashmir despite getting a huge mandate from people. She invoked former chief minister Mufti Mohammad Sayeed's legacy and emphasized the region's issues cannot be solved from Delhi but only through unity among the people of Jammu and Kashmir. "The BJP, which ...Read More >
PNN Gurgaon (Haryana) [India], July 19: The spotlight shone brightly at the Leela Ambience Mall, Gurgaon, as the grand finale of Mrs World International 2025 Season 3 unfolded in an unforgettable celebration of strength, elegance, and transformation. This year's edition was particularly momentous, as it marked 11 iconic years of Glamour Gurgaon, a platform that has redefined the narrative of beauty and empowered thousands of women to dream, evolve, and shine on a global stage. Bringing togethe ...Read More >
New Delhi, July 19 (SocialNews.XYZ) India's exports of agricultural and processed foods got off to a great start in FY26, growing 7 per cent year-on-year to $5.96 billion in the April-June quarter (Q1 FY26). The centre-piece of India's agricultural exports is still rice. The shipments of both non-basmati and basmati rice increased by 3.5 per cent to $2.9 billion in Q1. This comes after rice exports in FY25 reached a record $12.47 billion, a 20 per cent increase over the previous fiscal year, a ...Read More >
We will seek their comments to make new industrial policy a reality. We want to come out with the new policy as soon as possible, said AroraSource : pexel Punjab Industries Minister Sanjeev Arora on Thursday said industry-specific committees will be formed to advise the state government for shaping up a new industrial policy. Arora said a total of 22 committees comprising industrialists will be formed. Each committee will comprise 8 to 10 members with its chairman, said Arora while addressing ...Read More >
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