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The global rice market is experiencing significant volatility due to export restrictions and record harvests in India, which are putting pressure on prices, said Alvaro Duran-Morat, an associate professor at the University of Arkansas. According to the USDA, India set a new rice production record in 2024 of 147 million tons (in terms of milled

Agriculture Minister Shivraj Singh Chouhan on April 4 launched the first genome-edited rice varieties 'DRR Dhan 100 (Kamala) and Pusa DST Rice 1' developed by the Indian Council of Agricultural Research (ICAR). The genome-edited rice varieties have been developed to address challenges of climate change and boost rice yields by up to 30%. "It is

The Ministry of Finance has imposed a 20 per cent export duty on parboiled rice and specific milled rice varieties, with the new rule taking effect from May 1. The decision is aimed at regulating rice exports and ensuring domestic food security, according to a Financial Express report. According to the circular issued by the ministry, the