Rice

India's move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, IMF chief economist Pierre-Olivier Gourinchas said on Tuesday

A rice trader waits for customers at a market in the Bangladesh capital Dhaka

The National Rice Research Institute (NRRI) has recently submitted proposals to the Central Varietal Release Committee (CVRC) for the identification of 10 new rice varieties, an official said.
The institute's director A K Nayak said that seven rice varieties sent from NRRI were recognised by the CVRC in the last one year.
The institute will celebrate its 78th foundation day on Sunday, during which it will showcase its achievements so far.
This year's foundation day lecture has been named after the first director of the institute, K Ramiah, who was instrumental in identifying the site in Cuttack to establish the rice research centre in 1946.
Nayak said Ramiah's son R Pancharatnam has proposed to donate Rs 50 lakh to the institute for the endowment lecture.
Former NRRI director and Department of Agricultural Research and Education's ex-secretary Trilochan Mohapatra, who is presently officiating as chairperson of the Protection of Plant Varieties and Farmers' Rights Authority, will .

China is the biggest recipient of India's broken rice exports

Top exporter India's 5% broken parboiled variety was quoted at $352 to $356 per tonne this week, down from last week's $354 to $358

rice, rice industry

Rates for India's 5% broken parboiled variety were unchanged around $358-$362 per tonne, the lowest since January 2017

Explained: WTO talks collapse as US plays spoilsport to India's demands

Supplies are falling, forcing exporters to quote higher prices, said another exporter also based in Kakinada

Collection in H1 over 50% of BE of Rs 27,625 cr

Union Civil Aviation Minister Jyotiraditya Scindia and Railways Minister Ashwini Vaishnaw have been coordinating in recent months on these projects

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity

airport

India has told Canada that if any of these diplomats stay after October 10, their diplomatic immunity will be revoked

Justin Trudeau

The run-up in the markets in these last few months, analysts at HSBC said, has made investors nervous about the markets amid multiple headwinds

markets

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Union Home Minister Amit Shah on Saturday said that Prime Minister Narendra Modi took the country forward on the path of progress in the last two months

Amit Shah

The Union government gave a nine-month extension in service "on contract basis" to CBDT Chairperson Nitin Gupta on Saturday, the day of his scheduled retirement.
Gupta (60), a 1986-batch Indian Revenue Service (IRS) officer of the Income-tax department, was appointed the Central Board of Direct Taxes (CBDT) head in June last year.
He was scheduled to retire on September 30.
The government order said the Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Gupta as the CBDT Chairman on a contract basis, with effect from 1.10.2023 till 30.06.2024, or until further orders, whichever is earlier, in relaxation of the recruitment rules, on usual terms and conditions applicable to re-employed central government officers.
The CBDT is the apex policy-making body for the Income-tax department. It is headed by a chairman and can have six members who are in the rank of special secretary.

Nitin Gupta, Chairman, Central Board of Direct Taxes (CBDT)

Prime Minister Narendra Modi on Saturday said the Aspirational Districts Programme that brought change in 112 districts will form the basis of a programme to uplift aspirational blocks, adding that he will be back next year to review its success.
Addressing a programme here to launch the 'Sankalp Saptaah', linked to the implementation of the Aspirational Blocks Programme, the prime minister said the Aspirational Districts Programme has changed the lives of more than 25 crore people in 112 districts.
These aspirational districts have now become "inspirational districts", he said.
"Similarly, in the next one year, out of the 500 aspirational blocks, at least 100 will become inspirational blocks," the prime minister said as he urged officials of several ministries to pick 100 blocks that are lagging behind in their respective departments and bring them above the national average on various parameters.
"I am sure, in 2024, we will meet again in October-November ... and evaluate the ...

Prime Minister Narendra Modi, PM Modi

To encourage farmers to diversify from traditional paddy cultivation to commercially viable farming, the Bihar government has come out with several incentives and subsidies for planting aromatic and medicinal plants in the state.
The state agriculture department has come out with several incentives for farmers to promote cultivation of 'lemongrass', 'palmarosa', 'shatavari', 'tulsi', mulberry', 'khas', 'gooseberry', 'bael', 'tamarind', 'jackfruit', and lemon plants.
Bihar Agriculture Minister Kumar Sarvjeet told PTI on Saturday that, "The government is coming out with several incentives and subsidies to farmers to help cultivate aromatic and medicinal plants in the state. The growing health awareness has created a lot of opportunities for innovation in the agriculture sector and the government is helping farmers to exploit this opportunity. This is the time Bihar farmers must opt from traditional paddy cultivation to commercially viable farming".
This scheme will be implemented main

farmers, agriculture, farm

The US is on the brink of a federal government shutdown after hard-right Republicans in Congress rejected a longshot effort to keep offices open as they fight for steep spending cuts and strict border security measures that Democrats and the White House say are too extreme.
Come midnight Saturday with no deal in place, federal workers will face furloughs, more than 2 million active duty and reserve military troops will work without pay and programs and services that Americans rely on from coast to coast will begin to face shutdown disruptions.
The Senate will be in for a rare Saturday session to advance its own bipartisan package that is supported by Democrats and Republicans and would fund the government for the short-term, through Nov. 17.
But even if the Senate can rush to wrap up its work this weekend to pass the bill, which also includes money for Ukraine aid and U.S. disaster assistance, it won't prevent an almost certain shutdown amid the chaos in the House. On Friday, a ...

US Fed Reserve, Fed Reserve

The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities.
Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent.
The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore.
Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore.
The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore.
The market capitalisation (mcap) of HDFC Bank dipped Rs 2,008.74 crore to Rs 11,57,145.86 crore.
However, the mcap of Bajaj Finance jumped Rs 20,413.41 crore to Rs 4,73,186.41 crore.
Bharti Airtel added Rs 8,520.13 crore to Rs 5,19,279.14 crore in its valuation while

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

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Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

As the festival season approaches, followed by elections, state and national, there will be pressure on liquidity since cash with the public will rise

Banks credit growth

Bidhuri may be a small fry in the larger calculus of the party. Yet, in his blundering and uncultured way, he was voicing in Parliament what has already been normalised on the streets

Bidhuri

Experienced striker Vandana Katariya, vice-captain Deep Grace Ekka and Deepika slammed a hat-trick each as India stormed into the semifinals of the women's hockey competition at the Asian Games with a 13-0 drubbing of Hong Kong in their final pool match here on Tuesday.
Vandana (2nd, 16th, 48th minutes) scored three field goals, while Deep Grace (11th, 34th, 42nd) converted three penalty corners for India. Deepika (4th, 54th, 58th) was not to be left behind as she also emulated the feat of her senior teammates in India's rout of Hong Kong.
Sangita Kumari (27th, 55th), Monika (7th) and Navneet Kaur (58th) also registered their names on the scoresheet.
India are on top of Pool A with 10 points from four games and have much superior goal difference than second-placed side South Korea who have seven points with a match in hand. South Korea take on Malaysia in their final group league match later on Tuesday.
Two teams from each pool qualify for the semifinals.
It was a complete dominat

India women's hockey team

The Indian men's kabaddi team, who are a record seven-time champions, began their campaign with an emphatic 55-18 win over Bangladesh in a group fixture at the Asian Games here on Tuesday.
In their bid to regain the Asian Games gold medal, the Indians, who slipped to a bronze at the 2018 edition, took a 24-9 lead at the half-time.
Naveen Kumar Goyat and Arjun Deshwal spearheaded their raids in style to inflict the first all-out in the 12th minute.
Bangladesh managed to inflict two supertackles in the first half on Pawan Sehrawat and then on Goyat but that proved insufficient as India took 12-point lead inside 20 minutes.
Bangladesh faltered in their raids as the Indians extended their lead in the second-half and sealed the issue.
The women's kabaddi team, who were the last edition's silver medallist, endured a disappointing start after being held to an unexpected 34-34 draw by Chinese Taipei on Monday.
In the men's event India find themselves clubbed with Bangladesh, Chinese Taip

Asian Games India Kabaddi full schedule 2023

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Reigning world champion Ojas Deotale blazed his way to the final with a perfect score of 150, while veteran Abhishek Verma also shone bright to set up an all-Indian gold medal clash and assure the county of a top-two finish in the men's individual compound archery at the Asian Games, here on Tuesday.
Seasoned Jyothi Surekha Vennam also advanced into the women's individual final at the expense of world champion Aditi Swami, as the compound archers led India's charge at the continental showpiece.
India have thus confirmed three medals in archery, matching their best-ever feat of 2014 Asian Games in Incheon where they have won one gold, one silver and one bronze.
The Indian archers also remained in the hunt for a podium finish in seven more events across recurve and compound sections.
Fresh from winning the senior World Championship crown in Berlin two months back, Deotale was up against South Korean seventh-seed Yang Jaewon.
But the 21-year-old Indian did not give his rival any chan

Ojas Deotale reaches final fo the men's compound archery final at the Asian Games 2023. Photo: X

Ojas Deotale

World champion Lovlina Borgohain (75kg) locked an Olympic quota for herself by moving to the final while young Indian boxer Preeti Pawar (54kg) signed off with a bronze medal at the Asian Games here on Tuesday.
Borgohain, the Tokyo Olympic bronze medallist, cleverly managed her bout against Asian Championship silver medallist Baison Manikon of Thailand to take a unanimous decision win and book her ticket for next year's Paris Games
Preeti, on the other hand, put up a good show but lost 0-5 to reigning flyweight champion China's Chang Yuan. She has already secured an Olympic quota.
Both Southpaw boxers showcased their high skill and ring IQs in the opening three minutes. While Preeti looked to poke and peck with a right hook, the Chinese kept landing right hooks.
At one point, the 19-year-old Indian landed a double  jab, followed by two right hooks and two body shots to score crucial points. But Chang replied aggressively with a right cross and a flurry of jabs.
The Chinese boxer w

Lovlina Borgohain, who secured a bronze, in her semi-final bout against Busenaz Surmeneli of Turkey.

India rice rates

India's rice restrictions could fuel food price inflation: IMF economist

NRRI submits proposals to CVRC for identification of 10 new rice varieties

India's broken rice exports had gained over 90% in FY22, shows data

India rice rates at 4-1/2-year low on weak demand, high shipping costs

India rice rates near three-year low, Bangladesh considers cutting duty

India rice rates up on steady demand; stronger baht props up Thai rates