How Red Sea attacks could raise export prices of Indian basmati rice firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
Red Sea attacks threaten to inflate India's export costs - Economy News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Even though the government has banned exports of non-basmati rice, prices have shot up by 15% amid increased demand from south India where patchy rains in Karnataka have reduced kharif rice production. On the other hand, unpredictable rainfall in October has impacted sowing of the new potato crop, which will delay the arrival of the new crop, pushing up prices of the old stock of potatoes.
Prices of basmati paddy up 14% on year as arrivals peak financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.