Countries such as Iran, Israel and adjoining nations are major consumers of Indian basmati rice
India inflation
India exports 75,000 tonnes of non-basmati rice to UAE
India had previously imposed a ban on exporting non-basmati white rice, aiming to boost domestic supply due to rising inflation and concerns about an unpredictable monsoon
India exempts countries like Singapore, Mauritius from its rice export ban
India accounts for almost 40 percent of the global rice trade
Global rice supply remains stable amid export suspension, weather worries, FAO expert says
India rice export ban triggers market uncertainty but global supply is stable, FAO says after UAE follows suit
UAE bans rice exports for 4 months
UAE places temporary suspension on export and re-export of rice
India rice ban could hit Middle East
India’s ban on rice exports could trigger fears of further inflation on global food markets
Rising inflation concerns, crude prices and interest rates drag down Indian rupee
A plunge in rupee value is good news for expat Indians – especially those based in the Gulf who send remittances to India
Video: What can India do to beat an economic slowdown?
After years of fast-paced growth, India’s economy is losing steam. In this country of more than a billion people, domestic consumption is one of the main drivers of growth but unemployment is rising and people’s purchasing power has taken a hit.
India’s central bank cuts interest rate with more easing seen
Thursday’s cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year
India Central Bank faces trouble getting banks to cut rates
A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a high cost of capital, limiting their ability to transmit monetary policy easing