Not in a hurry to cut interest rates
RBI's policy focus remains on ensuring inflation aligns with the 4%-target on a durable basis.
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RBI's policy focus remains on ensuring inflation aligns with the 4%-target on a durable basis.
In an effort to curb the misclassification of rice exports and ensure transparency in the international trade of rice, the Ministry of Commerce & Industry has introduced additional safeguards for the...
To check the domestic prices and to ensure domestic food security, the Government has been taking measures to restrict export of rice from India. The export of non-basmati white rice was prohibited on July 20 this year.
In a bid to prevent illicit shipments of non-basmati white rice under the guise of premium basmati, government enforces stricter export regulations for basmati rice below USD 1,200 per tonne
In a statement on Sunday, the commerce ministry said it has directed trade promotion body APEDA not to register contracts below USD 1,200 per tonne.