RICE PRODUCTION
Adani Wilmar reports 13 pc volume growth in June quarter
Edible oil major Adani Wilmar announced on Friday that it reported a 13 percent volume growth in the June quarter. This double-digit growth was driven by market-specific strategies aimed at increasing market share, particularly in under-indexed markets. In a business update, the company stated, "In the first quarter of the current fiscal, the company achieved robust volume growth of 13 percent YoY."
Interview With the Vampire Season 3: Here’s all about renewal, release date, production, cast and characters
AMC Networks has renewed 'Anne Rice's Interview With the Vampire' for Season 3. The show, praised for its adaptation and character portrayal, continues to captivate audiences globally.
Centre committed to procure pulses at MSP to boost production, cut imports: Agriculture Minister Shivraj Singh Chouhan
The Centre commits to procuring tur, urad, and masur at Minimum Support Prices (MSP) to boost domestic production and reduce imports. Agriculture Minister Shivraj Singh Chouhan highlights the launch of the e-Samridhi portal through cooperatives NAFED and NCCF for farmer registration.
GRM Overseas board okays fundraise of Rs 136.5 crore
The funds raised will also expand India's “10X” brand, making it a comprehensive food FMCG product company. The funds will also be allocated to explore future inorganic growth opportunities, including strategic mergers and acquisitions, and improve operational capabilities. These activities may be undertaken directly by the Company or through its subsidiaries or joint ventures.
South Korean scientists are now making 'rice with beef cells' to revolutionise how the world eats
South Korean scientists are creating "meaty rice," a novel, protein-infused rice variety, using cultured beef cells to offer an ethical protein source. This innovative rice has a pink hue, contains more protein and fat, and aims to reduce the carbon footprint of protein production.
Total foodgrain products in 2023-24 lower than 2022-23: Third Advance Estimate
The total foodgrain production in India is estimated at 3,288.52 lakh tonne in 2023-24, which is lower than 3,296.87 lakh tonnes of foodgrain production of 2022-23, according to the third advance estimates of production released by agriculture ministry on Tuesday.
Basmati rice export prices plummet below government MEP, global buyers stay away
Export price of basmati rice falls below government-fixed minimum export price, impacting global buyers and domestic prices. Concerns arise over MEP changes, basmati trade competitiveness, and price pressure. Monsoon and La Niña forecasts influence basmati production, while India's rainfall patterns and consumption trends play significant roles.
28 Years Later: Check out confirmed release date, production team, plot, cast and more
"28 Years Later" continues the saga of survival in a world ravaged by a deadly virus. Directed by Danny Boyle and written by Alex Garland, the film promises to deliver a gripping narrative that explores the resilience of the human spirit. Mark your calendars for June 20, 2025, when "28 Years Later" hits theaters.
India allows export of non-Basmati white rice to Mauritius
The exports of rice to Mauritius are permitted through National Cooperative Exports Limited, the Directorate General of Foreign Trade said in its notification.
High temperatures help improve paddy quality
However, the heatwave has posed challenges for the production of rice-bran oil, with manufacturers facing a shortage of labor. Rice-bran oil is extracted from the hard outer brown layer of rice, known as bran, within 24 hours of paddy harvesting. The reduced acreage under rabi paddy this year, as reported by the Ministry of Agriculture and Farmers’ Welfare, has not hindered the estimated production of 123.57 lakh metric tonnes of rabi rice.
Action plans for banana, mangoes exports among 20 agricultural products in works
“We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action.
India uses peace clause fifth time, for rice subsidies given in 2022
India invoked the peace clause for exceeding the 10% support ceiling for rice farmers, breaching WTO subsidy ceilings with $52.8B rice production and $6.39B subsidies, surpassing the 10% de minimis limit.
No proposal to resume sale of subsidised rice for ethanol production: Food secretary
Government remains firm on not resuming subsidised rice sale for ethanol. Chopra encourages maize ethanol production and highlights the impact on distillery investments. Increased sugarcane FRP aims to boost cultivation for the upcoming season.
No proposal to resume sale of subsidised rice for ethanol production: Food Secy
The rice sale for ethanol makers was discontinued for various reasons, including apprehensions about domestic output and high retail prices, and economic unviability, he said. On the impact on investments on grain-based distilleries, Chopra said, "This is not a policy which is cast in stone. This policy will be renewed... Maize is being encouraged for ethanol production."
India's rice output to drop for the first time in 8 years, government says
Rice production in the world's largest exporter is being carefully watched after New Delhi banned exports of non-basmati white rice in July, sending global prices surging.
Review procurement policy for wheat, rice at MSP: Niti Panel
A NITI Aayog working group has recommended the government to reconsider its open-ended procurement policy for rice and wheat at minimum support prices to encourage farmers to diversify towards other crops like nutri-cereals, pulses, and edible oil. The group argues that the policy discourages diversification towards high-value and riskier crops, and suggests restricting procurement to meet food security and welfare schemes.
NITI Aayog working group suggests government re-visit rice and wheat procurement policy at MSP
The 23-member working group on crop husbandry, agriculture inputs, demand and supply, set up by the Aayog in 2022 under PS Birthal, director, ICAR-NIAP, is of the view that the open-ended procurement of rice and wheat at minimum support prices acts as a disincentive for diversification towards high-value and riskier crops.
Rice prices fall as rabi crop starts arriving in market
In Kolkata, rice prices have dropped by up to 10% in the past month, attributed to increased market supplies and government measures. Non-basmati rice is 7% cheaper, while basmati prices have fallen by 10%. The arrival of the rabi crop from Telangana, Odisha, and Tamil Nadu has contributed to the decline.
Govt has strictly no plans to put MEP on all agri commodities: Commerce Ministry
The Indian government has denied plans to impose a minimum export price (MEP) on all agricultural products, stating that it has no intention to review all agri products from an export perspective. An inter-ministerial committee has recently decided on basmati rice, but the committee's wider mandate does not mean it will recommend MEPs for each agri product.
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