parboiled rice which will be applicable with immediate effect.... The department of commerce

India is not considering imposing any restrictions on the exports of non-basmati parboiled rice

parboiled rice, the state government has said. Chief Minister K Chandrashekhar Rao along with some of his

1-1/ 2-year lows. Top exporter India's 5% broken parboiled variety was quoted at$ 352 to$ 356 per

The Enforcement Directorate( ED) on Saturday said it has arrested two directors of a West Bengal-based company that allegedly ran a ponzi scheme and diverted Rs 1, 786 crore worth of public funds.... The company was controlled and managed by its CMD Pramatha Nath Manna, the two arrested directors and other associates.... The ED alleged that the accused" diverted" public funds of Rs 1, 786 crore to subsidiary and associate companies of MPS Greenery Developers Limited and associated firms....

The National Cooperative Consumers' Federation of India( NCCF) on Saturday said it has purchased 2, 826 tonnes of onion at Rs 2, 410 per quintal directly from farmers in the last four days mostly from Maharashtra as it resumed procurement of the bulb for a higher buffer stock.... Two cooperatives, NCCF and NAFED, have been mandated to procure 1 lakh tonnes each directly from farmers at Rs 2, 410 per quintal to avoid panic selling amid the imposition of an export curb to control domestic prices.

Economic Advisory Council to the Prime Minister Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate.... According to calculations by the finance ministry when GST was first introduced, the average rate should be at least 17 per cent.... But, the existing rate is 11.4 per cent....

By Siddhartha Singh and Pratik Parija India, the world’s biggest rice exporter, is considering more restrictions on its shipments of the grain as the nation grapples with rising food prices, a move that’s likely to further tighten global supply.... Rice in Asia soared to the highest level in almost 15 years this month after the South Asian nation announced a ban on some exports and on concerns around the outlook for Thailand’s production.... The government of India’s Prime Minister Narendra Mo

Meanwhile, domestic crude production witnessed an annual rise of 2.1 per cent, reaching 2.50 MMT in July.... The production marked a sequential growth of 2.8 per cent from the 2.43 MMT registered in June.... Out of the 2.5 MMT produced, state-owned Oil and Natural Gas Corporation( ONGC) contributed 1.62 MMT, followed by Oil India Limited( OIL) at 0.28 MMT....

In view of the" special relationship" with Singapore, India has decided to allow the export of rice to" meet the food security requirements" of the Southeast nation, the Ministry of External Affairs( MEA) said.... " India and Singapore enjoy a very close strategic partnership, characterized by shared interests, close economic ties and strong people-to-people connect.... In view of this special relationship, India has decided to allow the export of rice to meet the food security requirements of