Financial Express

Posts By Financial Express

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  115

  Rice News in English

  Govt may reduce floor price for basmati rice exports

  The Indian government is considering reducing the minimum export price (MEP) of basmati rice, currently set at $950/tonne, due to global price...

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  121

  Rice News in English

  How supply chain disruptions impact rice export prices?

  India, the world's second-largest rice producer, faces significant supply chain disruptions due to climate change, logistics issues, and geopolitical crises like the...

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  175

  Edible Oil News in English

  Dynamic import tariffs for edible oils mooted

  The Commission for Agricultural Costs and Prices (CACP) has recommended a "dynamic import duty structure" for edible oils to counter surging imports...

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  118

  Edible Oil News in English

  Edible oil imports down 5% on year since November

  India's edible oil imports of palm, soybean, and sunflower declined by 5% to 8.67 MT in the first seven months of the...

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  128

  Wheat News in English

  No plan to cut import duty on wheat: Govt

  The government maintains current wheat import duties, citing ample 30.23 MT FCI stock surpassing the 27.58 MT buffer. Despite concerns over prices,...

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  139

  Edible Oil News in English

  Tackling sticky food inflation, reining in PDS costs top food minister’s agenda

  As Pralhad Joshi assumes office as the new Food Minister, he faces the challenge of curbing food inflation, which hit 8.7% in...

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  142

  Edible Oil News in English

  Keep food scraps onshore for future aircraft fuel: industry

  Australia faces the risk of losing its stake in the burgeoning biofuels market to nimble competitors like Singapore. To safeguard its position,...

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  136

  Wheat News in English

  Import duty on wheat may be cut

  Government mulls reducing wheat import duty after six years to bolster domestic supply, aiming to avoid depleting stocks for market intervention. Procurement...

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  191

  Rice News in English

  Call for removal of basmati export floor price grows

  Exporters urge removal of $950/tonne MEP for basmati rice, citing falling prices amid ample stocks and predicted bumper harvest. FY24 saw record...