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Govt not to import rice as of now, says Sharma21-NOV-09
India will not import rice as it has adequate stocks of the grain, Commerce and Industry Minister Anand Sharma said today after a meeting of the empowered group of ministers (EGoM) on food.
India needs to import rice to make up for lower output: FM18-NOV-09
The government today said the country will have to import rice during the 2009-10 marketing season (October-September) despite surplus in godowns to meet the shortfall in Kharif crops.
K Subrahmanyam: Partnering with the US: Yes we can!18-NOV-09
A large number of commentators on Indo-US relations seem to think that when Prime Minister Manmohan Singh meets President Barack Obama next week in Washington DC, the latter will not be able to match his predecessor George Bush’s enthusiasm for India. This baseless pessimism is based on the view that the US is compelled to be on cordial terms with China because of economic compulsions.
After 20 yrs, India may import rice18-NOV-09
To buy from Thailand, Vietnam; not to import wheat as it has surplus stock.
India talking to other nations for rice import17-NOV-09
India has begun reaching out to governments of other nations for import of rice to overcome shortage in the domestic market, Commerce and Industry Minister Anand Sharma said today.
Rice prices to rise despite drought17-NOV-09
Rice prices have nowhere to go but up as drought in India and cyclones in the Philippines cripple harvests, according to the world’s biggest importer and the top exporter.
Maize acreage rises rapidly in state14-NOV-09
There has been a marked shift in the taste preference of the consumer, especially in the rural parts of Karnataka lately. The people in the state have been changing their food consumption pattern. Ragi and rice are being replaced by the maize.
REI Agro raises $105 mn through FCCBs13-NOV-09
Rice processing and marketing firm REI Agro today said it has raised $105 million (about Rs 486 crore) through the issue of convertible bonds in the international market.
M J Antony: Quick-fix solution04-NOV-09
Two judgments of the Supreme Court delivered in recent weeks are significant as they highlight the problem of long delays in cases involving intellectual property rights and the quick-fix solution suggested by the court. It is well known that disputes over trademarks, patents and designs drag on for years. After the initial bout over interim injunctions, the parties sulk indefinitely, as the main relief has been granted by the interim order itself.
Rice output to decline by over 40% in Andhra04-NOV-09
With drought affecting kharif crop, rice production in Andhra Pradesh is set to fall by more than 40 per cent to 4.87 million tonne in 2009 from 8.38 million tonne in 2008, according to chief minister K Rosaiah.
Govt may import up to 2 MT rice04-NOV-09
The government is planning to import up to two million tonnes of rice to augment domestic supply, as production of the foodgrain is projected to decline due to the twin impact of drought and floods. The Centre, which had scrapped import duty on rice last month, may also consider incentivising imports, sources said.
Kohinoor Foods looks at Rs 1,000cr turnover this fiscal03-NOV-09
Backed by about 40-50 per cent rise in basmati rice (Pusa 1121 variety) production and capacity expansion, Kohinoor Foods expects a turnover of close to Rs 1,000 crore this financial year.
Directorate of Rice Research launches network projects02-NOV-09
Hyderabad-based Directorate of Rice Research (DRR) has launched three network projects this month on rice management, functional genomics and molecular breeding to be implemented at a cost of Rs 18 crore.
Asia's food security hinges on rice grower India29-OCT-09
Rising rice prices and possible shortages in the world's poorest countries will hinge on what major growers India, China and Thailand do to make up for millions of tonnes of the staple lost to floods and droughts.
India may import rice in 201029-OCT-09
India, the world’s second-largest rice grower, may import up to 3 million tonnes next year as the government secures supplies in case the nation faces another year of drought, triggering a price surge, a trader said today.
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