After a sharp fall in basmati rice exports realization since FY14, the government has decided to ban the business practice of Documents against Acceptance (DA) where the rice consignments are shipped without settlement of prices, often leading to disputes between exporters and importers. Sources told FE that following representation from the All India Rice Exporters? […]
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NEW DELHI: The Enforcement Directorate (ED) and Income Tax (IT) office will test the over Rs 1,000-crore trick in fare of excellent Basmati rice to Iran which was falsely occupied mid-ocean to Dubai. Both the agencies have been asked by a Supreme Court-appointed Special Investigation Team to track the money which has been laundered […]
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Of 23 districts in Punjab, four recorded much above rainfall the normal while over 10 districts have been facing the problem of rain deficit even in full monsoon season. (Source: Express Archive) Despite forecast of a good monsoon, around 50 per cent districts of Punjab, which account for the highest contribution of rice crop, around […]
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