Iran unrest hits Indian basmati rice exports

Civil unrest in Iran has started impacting India’s basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. Photograph: Rajendra Jadhav/Reuters The

Rice exporters seek Budget sops to boost competitiveness

The Indian Rice Exporter’s Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector’s competitiveness while addressing sustainability concerns. Image used for representation purpose only.