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Rice prices down by up to 36% post-festive season

By Sutanuka Ghosal, ET Bureau Synopsis: Rice prices have dropped considerably after the festive season. This is due to a larger kharif rice harvest this year. Common non-basmati rice prices are down, and specialty varieties like Gobindobhog have seen a sharp fall. Basmati prices have also decreased. Exporters are exploring new markets like Japan and […]

Odisha to take part in upcoming Int’l Rice Conference in New Delhi

The Odisha government has collaborated with the Indian Rice Exporters Federation for Bharat International Rice Conference (BIRC)-2025, scheduled to be held in New Delhi on October 30-31. by Priya Ranjan Swain Bhubaneswar: The Odisha government has collaborated with the Indian Rice Exporters Federation for Bharat International Rice Conference (BIRC)-2025, scheduled to be held in New […]

India’s rice exports on track for new record despite floods: IGC report

This export surge will be fuelled by strong demand from African nations and a recent rebound in shipments to markets in Pacific Asia like the Philippines and Malaysia. Dhirendra Kumar NEW DELHI: India, the world’s leading rice exporter, is poised to ship a record amount of grain this season despite severe flooding that damaged crops […]

Basmati exporters to buy more from Haryana, UP and MP to offset Punjab crop losses

Punjab and Haryana, which account for around 75% of the country’s total Basmati output, saw crop damage during floods even as overseas demand is expected to rise this year. Vijay C Roy Basmati exporters are looking at other states to make up for the crop lost to floods in Punjab and Haryana, the largest producers […]

Basmati Rice shipments to Iran stuck at ports amid Middle East conflict

India Shipping News NEW DELHI: Around 1,00,000 tonnes of Basmati Rice destined for Iran are stranded at Indian ports due to the ongoing Israel-Iran conflict, the All India Rice Exporters Association (AIREA) said on Monday. Association President Mr. Satish Goyal said around 1,00,000 tonnes of basmati rice meant for Iran is currently stuck at Indian […]

Impact of Iran-Israel Conflict on Rice Exporters: Focus on India’s Basmati

OV Desk Approximately 100,000 tonnes of basmati rice destined for Iran are currently stranded at Indian ports due to escalating hostilities between Israel and Iran. This disruption has significant implications for India’s rice export industry, particularly as Iran is the second-largest market for Indian basmati rice. The All India Rice Exporters Association has reported that […]

Operation Basmati

Simply Haryana: India, Pakistan vying for Gulf market. Parveen Arora/ Tribune News Service India and Pakistan are now bracing up for ‘Operation Basmati’, in the wake of Operation Sindoor. In the weeks to come, the estranged neighbours are expected to vie for the highly competitive basmati export, especially in the Gulf region. Industry insiders are […]

No impact of India-Pak tensions on Basmati trade, says rice exporters body

All India Rice Exporters Association president Satish Goel said the recent increase in prices of the commodity was owing to higher demand and not due to the ongoing India-Pakistan tensions. By PTI. New Delhi: All India Rice Exporters Association (AIREA) president Satish Goel on Friday ruled out any impact on Basmati trade, stressing that the […]

Basmati Rice Prices Surge, Impact of India-Pakistan Tensions

09 April 2025, New Delhi: Basmati rice prices have surged by up to 10% over the past two weeks, halting a six-month decline. This increase comes as a result of rising tensions between India and Pakistan, prompting buyers from West Asia to increase their purchases from India. The wholesale price of popular everyday boiled basmati […]

With granaries full, India axes export duty on parboiled rice

The removal of the duty reflects the government’s confidence in a better harvest this year, said Vijay Setia, former president of the All-India Rice Exporters Association. Dhirendra Kumar New Delhi: The union government has removed the export duty on parboiled rice, according to a notification issued by the finance ministry late on Tuesday. It also […]