India imposed export ban on July 20 to mitigate cereal inflation amidst fears of price pressures due to floods and torrential rains. | Latest News India
India accounts for more than 40 percent of all global rice shipments, while non-basmati white rice constitutes about 25 percent of the total rice exported
India s annual retail inflation rose sharply to 7.44% in July from 4.87% the previous month. A Reuters poll of 53 economists had forecast a rate of 6.40%. The figure was the highest since April 2022.
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