May 29, 2024

India’s rice export restrictions keep 1 million tonnes in ports

MUMBAI: Due to purchasers’ refusal to pay the government’s additional 20% export fee on top of the negotiated contract price, rice loading at Indian ports has ceased, trapping close to one million tonnes of grain there. On Thursday, India, the world’s largest exporter of the grain, banned the export of broken rice and placed a […]

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The US will provide Pakistan $1 million “to strengthen resilience against natural calamities”

The US has committed $1 million to Pakistan “to develop resilience against natural catastrophes” in an initiative motivated by humanitarian concerns.The announcement comes after a previous choice to give $100,000 in immediate assistance as floods brought on by torrential rains wreak havoc across the nation. “We support flood victims and stand by Pakistan at difficult […]

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