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Trade

Fallout of non-basmati rice export ban

Concerns over a possible increase in global food prices have been sparked by the news that India, the world’s top exporter of rice, has suspended export of its largest category…

Bolstering Value-Added Agri Exports

India’s food processing sector currently operates at a suboptimal level, leading to a limited degree of value addition in this domain. As a consequence, the enhancement of value-added processes within…

Omnivore exits Barrix Agro Sciences to Sumitomo Chemical

This is Omnivore’s third exit in just over one year. In August 2022, Omnivore exited Eruvaka to Netherlands-based Nutreco, and earlier this year, Omnivore exited MITRA to Mahindra. Agritech venture…

India allows export of white rice to Singapore, Bhutan, Mauritius

According to reports from the Directorate General of Foreign Trade (DGFT), exports of 143,000 tonnes of non-basmati white rice have been permitted to Bhutan, Mauritius, and Singapore India has exempted…

Kenya to export avocados to India from September

The Indian government gave Kenya access to the market after notifying the World Trade Organisation Kenya has been given the green light to export avocados to India starting in September.…

Govt introduces additional safeguards for export of Basmati rice

It has been noticed that despite restrictions on certain varieties, rice exports have been high during the current year To check the domestic prices and to ensure domestic food security,…

Nepal restarts onion import from India

The supply had been halted briefly due to India’s imposition of a 40 per cent export tax on onions Nepalese traders have resumed importing onions from India to meet the…

Singapore asks Indian Govt exemption from export ban of non-basmati white rice

According to Singapore, the ban on rice imports from India only affects non-basmati rice, which accounts for 17 per cent of the total rice imports The Singapore Food Agency (SFA)…

Nepal exports 6 lakh kgs of tomatoes to India within two weeks

As per the records, each kilogram of exported tomatoes was priced at Nrs. 12 which amounts to about 8.036 million Nepali rupees ($60,486.42) Within two weeks Nepal has exported 6,69,680 kg of tomatoes to…

IPL Biologicals & UKS inks JVA to revolutionise Uzbekistan’s agriculture sector

The joint venture will have a shareholding arrangement between IPL Biologicals and UKS holding 51 per cent and 49 per cent respectively. IPL Biologicals Ltd. (IPL), India, the global leader…

Govt increases Onion buffer stock from 3 lakh MT to 5 lakh MT

As per directives from Department of Consumer Affairs, NCCF will sell onions at retail price of Rs 25 per kg. In an unprecedented move the Government raised the quantum of…

Centre imposes 40% duty on onion exports to stabilise soaring prices in domestic market

The central government had already planned to keep 3 lakh tonnes of onions on hand as a buffer stock for the 2023-24 season. In order to improve domestic availability and…

India imports tomatoes from Nepal: Sitharaman

The government is taking steps to control inflation and meet the demand and check the prices of tomatoes in India Nirmala Sitharaman Finance Minister (FM) informed the Parliament that the…

Meghalaya to export Lakadong turmeric to UK and Netherlands

The state faces tough competition from other turmeric-producing states such as Telangana and Maharashtra Turmeric fields in the West Jaintia Hills district of Meghalaya are attracting businessmen from India and…

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