According to IREF data cited by news agency ANI, the domestic price of the popular 1121 Basmati variety has declined to Rs 80 ...

Civil unrest in Iran is affecting India's basmati rice exports, causing a drop in domestic prices and payment delays, according to the Indian Rice Exporters Federation (IREF).

According to commerce ministry data, in FY22, Iran’s share of India’s exports of basmati rice was valued at $0.81 billion or ...

The Indian Rice Exporters Federation urged exporters to reassess risks on Iranian contracts and adopt secured payment ...

Iran's upheaval is having a ripple effect on India's basmati rice trade, leading to delayed payments and uncertainty for ...

India has been the world’s biggest rice exporter in the last decade and with a market share of around 35% to 40% ...

Civil unrest in Iran has started impacting India’s basmati rice exports to the country, leading to a sharp fall in domestic ...

Rice exporters urge India's Commerce Ministry for assistance in clearing payments amid Iran's civil unrest impacting trade.