February 9, 2026
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Basmati exports to Iran hit by currency crisis, stocks worth ₹2,000 crore stranded at ports

January 10, 2026 Ports, Export - Import, Global Trade, Shipping, Trending News
NEW DELHI : A sharp fall in the Iranian rial and the withdrawal of food-import subsidies have forced Indian exporters to halt basmati shipments, hitting millers in Punjab and Haryana. The disruption follows a

Basmati Rice shipments to Iran stuck at ports amid Middle East conflict

June 25, 2025 EXPORT, Ports, Trade, Trending News
NEW DELHI : Around 1,00,000 tonnes of Basmati Rice destined for Iran are stranded at Indian ports due to the ongoing Israel-Iran conflict, the All India Rice Exporters Association (AIREA) said on Monday. Association

Impact of Iran-Israel conflict on Basmati Rice exports

October 7, 2024 EXPORT, Maritime, Trending News
NEW DELHI :  In a grain market of Uttar Pradesh’s Ghaziabad, the price of the Paddy (Dhan) Basmati 1509 rice variety has decreased by ₹ 200 to ₹ 300 per quintal in the last two days because the

Basmati turns into $5-b export product

April 18, 2024 EXPORT, Trade, Trending News
NEW DELHI : Basmati exports have hit a new record both in volume and value during fiscal 2024. As per latest data, shipments during April-Feb crossed the $5.2 billion with volumes touching a new

Basmati prices have fallen as a restive Red Sea hurts exports

December 29, 2023 EXPORT, Maritime, Trending News
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines’ decision

India signs deals to export 500,000 tons of new season Basmati Rice

November 16, 2023 EXPORT, Trade, Trending News
NEW DELHI : India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday. India annually exports more

Basmati rice exports increases as Iran, Saudi, UAE make 50% of total shipments

February 9, 2023 EXPORT, Trending News
NEW DELHI : India’s basmati rice exports surged 17 per cent in volume during the first three quarters of the current fiscal, while exporters are earning at least 20 per cent more on average



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