Rice
The United Nations' world food price index surged in September, according to data released on Friday, recording its largest increase in 18 months due to rising sugar prices.The͏͏ price͏͏ index,͏͏ created͏͏ by͏͏ the͏͏ U.N.͏͏ Food͏͏ and͏͏...
DRRK Foods, a producer of basmati rice, is investing INR 20 crore to establish a packing, grading, and sorting unit on 17 acres near Mundra Port. This new unit is expected to be operational by February...
Breaking News
Indian basmati industry’s sales to grow 4% to reach record INR 70,000 Cr in FY25
India's basmati industry is expected to achieve year-on-year revenue growth of 4 per cent this fiscal year, reaching͏͏ a͏͏ record͏͏ high͏͏ of͏͏ nearly͏͏ INR͏͏...
Golden Grain Rice expands global reach, aims for 500,000 MT export target in 2024
Golden Grain Rice, a major ͏pl͏ay͏e͏r i͏n ͏I͏ndi͏a͏’s rice e͏xport͏ ͏ind͏us͏try͏, i͏s ͏bol͏s͏ter͏in͏g it͏s pos͏i͏t͏io͏n i͏n͏ h͏igh͏ly ͏com͏petitive͏ ͏g͏l͏o͏b͏a͏l͏ ͏marke͏ts.͏ Af͏t͏er͏ a͏ re͏cord͏-br͏e͏a͏k͏i͏n͏g͏ e͏x͏p͏ort͏...
Crown Rice launches premium diet rice with low glycemic index for health-conscious consumers
Crown Rice, a leading basmati brand, has unveiled its latest product, Diet Rice—a premium low glycemic index (GI) offering designed for health-conscious consumers. This...
GRM Overseas ropes in Salman Khan as brand ambassador for 10X basmati rice and atta
GRM Overseas, a listed FMCG company, has signed Bollywood actor Salman Khan as the brand ambassador for its 10X basmati rice and wheat flour...
India considers easing rice export restrictions to prevent oversupply ahead of new harvest
India, the world's largest rice ͏exporter, may ease restri͏ctions o͏n exports of certain varieties to preve͏nt an overs͏upply in the country ahea͏d of the...
GRM Overseas to raise INR 136.5 Cr through issue of share warrants
GRM Overseas, ͏a prominent Indian basmati rice exporter, plans to raise͏ ͏I͏NR ͏136͏.5 crore b͏y i͏ssuing sh͏are warrants on͏ a pref͏erential basis to ͏33...
Basmati rice export prices fall below govt minimum, global buyers remain cautious
The export price of basmati rice has dropped significantly below the govt's established minimum export price of $950 per tonne, to a range of...
LT Foods records 14% surge in Q4 net profit, driven by strong sales growth
LT Foods, the parent company of the renowned basmati rice labels 'Daawat' and 'Royal', reported a 14 percent jump in consolidated net profit at...
India’s rice-based desserts shine: Phirni, Kheer, and Sakkarai Pongal among top ten favorites globally
Rice holds a cherished place on every Indian table, where a meal without it seems lacking. Yet, India's rice isn't merely a supporting act;...
Indian rice exporters hit with additional customs duties, face INR 2,000 Crore tax bill
Customs officials in India are demanding further duty payments from approximately 45 prominent rice exporters following the enforcement of a 20% export duty, which...
Retail food inflation eases to 8.52% in March 2024 as prices of pulses and oils decline marginally
Retail food inflation eased slightly to 8.52% in March 2024 from 8.66% in the previous month, driven by a sequential decline in the prices...
Despite tensions, India allows essential commodity exports to Maldives
The Indian government announced on Friday that it has authorized restricted exports of vital commodities such as sugar, wheat, rice, and onions to the...