The central government on Sunday ruled out any move to import wheat and said there is enough wheat stock to meet domestic demand as well as for public distribution. The government last week estimated wheat production to have decreased almost 3% to 106.84 million tonnes (MT) in the 2021-22 crop year (July-June). The drop in…
Indian rupee decreased 12 paise to 79.76 against the U.S. dollar in early trade on Friday, tracking the strength of the American currency in the global market. At the interbank external exchange, the rupee opened at 79.75 against the U.S. dollar, then decline to 79.76, entering a decline of 12 paise over the previous close….
India’s rice exports are projected to rise to a record 22 MT in 2022-23 and account for 40% of global shipments despite a possible dip in domestic production during the period, the United States Department of Agriculture (USDA) has stated. While stating that India has huge supplies of exportable rice and very competitive prices, USDA…
