Hinting at hard measures like further ban on exports to control rising prices, Finance Minister P Chidambaram has said inflation is also being stoked by cartel like behaviour in some sectors of Indian economy. Noting that soaring prices of rice and other basic food items are a matter of worry, Chindambaram said inflation is also being stoked by a mismatch of supply and demand and by cartel-like behaviour in some sectors of the economy. Export bans in steel were considered.
Upset over objections raised by the government on their Rs 21-crore (Rs 210 million) proposal to launch a global Basmati promotion campaign featuring Bollywood star Shahrukh Khan, rice exporters will present their case before the commerce ministry.
Inflation rises to 7 per cent for the week ended March 22, against 6.68 per cent in the previous week.
The Central government hiked the minimum export price of non-Basmati rice from $650 to $ 1,000. As the govt struggles to rein in the rising inflation rates, it is clear that the farm loan waiver in the Budget is not a permanent solution. The cost of growing food is increasing each day and this will continue to push farmers to take loans to survive. To check inflation the govt will have to continue to control food prices. The move to waive farmer loans then seems meaningless.
India is heading for a major rise in food prices especially rice and pulses. Following the global trend and anticipating a shortage, Central government has raised the minimum price for non-Basmati rice exports. Other countries like Egypt and Cambodia have imposed restrictions on export of rice. With rice being staple food in many countries export restrictions will affect prices in the importing countries. These countries are already facing social unrest over high food prices.
UK-based firm Veetee Fine Foods today said it is planning to make a foray into the health food segment in India with plans to launch ready-to-eat whole grains and soups within this fiscal.
Strengthening of rupee has made Indian rice dearer in the international market
Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.
Mahafrin Gotla Umrigar offers you a taste of authentic Parsi food.
NRI entrepreneurs Moni Varma, founder of the Veetee brand basmati rice and Rami Ranger, founder-chairman of Sun Oil Ltd, have won the Asian of the year and Asian Leadership in Europe Awards for 2006 respectively.
You can make these comforting recipes for your New Year party.
Will give truer reflection on price movements of food products, impact of cereal procurement prices.
Coming out against dynastic politics and nepotism in Haryana, Prime Minister Narendra Modi asked the electorate to junk such parties and elect a Bharatiya Janata Party government with majority, saying he did not want support of "dangerous" people lodged in Tihar Jail, apparently referring to former CM Om Prakash Chautala.
Don't wait for the weekend to binge on these tempting dishes!
LT Overseas, manufacturer of 'Dawat' brand basmati rice, today got listed on the Bombay Stock Exchange at Rs 60, with a premium of 7.14 per cent over its issue price of Rs 56.
The European Union has recently introduced a condition on exporters to give a certificate with dispatches that they contain traditional Basmati rice to avail a rebate of 250 Euro per tonne, Lok Sabha was informed on Friday.
The government has removed restrictions on exports from the farm sector, apart from doing away with the registration requirement for exports of non-basmati rice and pulses in packages of five kilos.
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Exports picked up to post a growth of nearly 13 per cent.
Enjoy these sumptuous traditional delicacies, courtesy chef Ranveer Brar.
China had been trying hard to enter the Indian market, without opening its own to Indian products. There is an economic crisis in India-China relations that the Chennai Connect barely scratched the surface, points out Srikanth Kondapalli.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
Today, Reshma Aslam brings you this super-easy recipe for Phirni.
Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia
The Kartarpur corridor was an excellent opportunity for the Congress to seize centre-stage in Sikh religious affairs. After all, the Akalis never achieved this in their years in power, says Sanjeev Nayyar.
Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
Continuing his Lok Sabha plank of ousting the Congress, Prime Minister Narendra Modi on Saturday sought a clear mandate for the Bharatiya Janata Party in Haryana for putting the state on a growth trajectory.
The prayer, Sarvejana Sukhinobhavantu, or let the whole universe of living beings be well, helps. So do profound and relevant Ancient Wise Words and aphorisms: Vasudaiva Kutumbakam, or the whole world is one big family, interconnected, interdependent. And a sense of humour, jokes, pranks, writing, conversations. And, last but definitely not least, the rippling waves of inner realisation on the background mind-track -- about the insignificance of ego, the importance of humility, the wasted opportunities in life, the wrong moves, the strokes of luck, the past 'sins', the what-ifs.
Just one year after taking office, Prime Minister Narendra Modi is facing a challenge that could come to haunt him.
'Only when China treats India as an equal can we consider them real friends.'
Actress Fagun Thakrer talks about her film, Bhopal: A Prayer For Rain.
Check out these middle eastern recipes curated by chefs from Dubai.
Indian chef Saransh Goila shares two tasty Ramzan recipes that you should try.
According to the US Department of Agriculture, rice exports are pegged at 9.3 million tonnes for the 2013-14 marketing year (October-September), slightly lower than 10 million tonnes in the same period last year.
Now that the coconut has won its title back as a tree, you may want to try out some coconut recipes.
The Chinese envoy said that the India-China bilateral ties can't take the strain of another Doklam episode
The well-irrigated states of Punjab, Haryana, Karnataka, western Uttar Pradesh and coastal states such as Odisha are, for the first time, feeling the effects of a poor monsoon.
Agriculture and processed food exports dropped to a five-year low of $24 billion in 2015-16.
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