1.   

Govt allows export of non-basmati rice at USD 400 per tonne

The government has allowed export of one million tonnes of non-basmati rice through private trade and fixed the export price at USD 400 per tonne.The Empowered Group of Ministers on food, headed by Finance Minister Pranab Mukherjee, had on July 11 decided to lift the over three-year old ban on........

2.   

Sharma, Thomas say it up to EGoM to allow wheat exports

Clearing the air over wheat exports, food and commerce ministers today said it is up to the Empowered Group of Ministers (EGoM) to take a call on the issue.Food Minister KV Thomas and Commerce Minister Anand Sharma made it clear that the decision to......

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Rice exporters body demands review of export notification

The All-India Rice Exporters' Association (AIREA) has flayed the Commerce Ministry's procedures for exports of 10 lakh tonnes (lt) of non-basmati rice, asking exporters to submit applications within the next two days.The Directorate General of Foreign Trade (DGFT), on Tuesday, issued the.....

4.   

All bets are off: guar gum prices set to stay high, says expert

There has been no let up in the soaring prices for guar gum, with little hope of a downward trend emerging in the coming months, warns a hydrocolloid expert.Guar gum, a galactomannan from the seed kernel of the guar plant Cyamopsis tetragonoloba, is used as a thickener and stabiliser in.........