India is reportedly in talks with Russia to import wheat at a discounted price to counter surging global prices and tackle food inflation. The imports would allow New Delhi to intervene more effectively in the market to drive down wheat prices. Last time India imported a significant amount of wheat was in 2017, when private traders shipped in 5.3 million metric tons.
India Business News: India is in discussions with Russia to import wheat at a discount in an effort to curb food inflation ahead of elections next year, according to insid
A recent revelation from the Global Hunger Index (GHI) report places Pakistan at the 99th spot out of 129 nations, signifying a distressing "serious" level of
With the expected effect of El Nino, which may cause drought-like situations, India, one of top wheat producing countries, may now need to import wheat.