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Last Updated :May 03, 23:29 IST
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The area under rabi rice as on March 5 stands at 32 lakh hectare as compared to 37.19 lakh hectare at this time last year. Rice exports may decline 20% this year on cheaper supplies from Thailand.....
There were a sudden surge in exports in 2012-13 when Indian firms boosted their shipments to Thailand to take advantage of the demand-supply gap in that country.....
Longer term, Thailand and India will battle for the top exporter position, with both exporting more than 12 million metric tons per year.....
Farmers are showing less enthusiasm for tapping while tyre demand is boosting usage. Global stockpiles are still expanding. Inventories will reach 3.79 million tons by the end of 2014 and 4.33 mill....
Nirmala Sitharaman,Minister of State for Ministry of Commerce and Industry, ruled out the possibility of a duty hike which has been raised to 20% or Rs 30(whichever is lower) in December 2013 from ....
Fewer Indian exports would allow Bangkok to win better prices for the grain that it has been selling at a huge discount, curbing losses on the stocks built up under a costly state intervention sche....
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