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With rice prices rising due to a deficient and uneven monsoon, the Centre on Friday directed traders, retailers, wholesalers, processors and millers across the country to declare their rice and paddy stocks and allowed five southern states to impose stock limits to prevent hoarding. Under an order dated November 6, all traders and wholesalers, retailers, large retail chains and processors and millers in all states and Union Territories must declare stocks under six categories -- Basmati rice, non-Basmati premium rice, non-Basmati rice, parboiled rice, broken rice and paddy. Every unit holding stocks will have to update details on the Food Stock Portal (foodstock.dfpd.gov.in) every Friday, the food ministry said in a statement. Units that are not registered on the portal or that violate stock limits will face action under Sections 6 and 7 of the Essential Commodities Act, 1955. In a separate letter, also dated November 6, the Centre has given its consent to Andhra Pradesh, Karnataka
J&K-based Khyber Group plans to increase its trout farming business nearly fourfold to Rs 38 crore by FY27, and invest Rs 60 crore in the coming years, according to a top official. The nearly Rs 650-crore Khyber Group, which operates in various sectors such as cement and hospitality, has invested Rs 112 crore so far in Khyber Aquaculture. The group is also increasing its production of Himalayan trout, considering the hospitality sector its primary growth driver. The Ganderbal-based firm, which operates an eight-acre facility on the banks of the Sindhu River in Akhal, Kangan, plans to expand production capacity from the current 1,200 MT to 5,000-7,000 MT over the next five years, Khyber Aquaculture Director Yunus Trumboo said. "We are looking to position Himalayan trout as a home-grown alternative to imported salmon for India's luxury hotels, restaurants and premium retail consumers, and plan to engage chefs through retreats and workshops to drive acceptance of the fish across the