India has removed most of the export curbs it imposed on rice shipments in 2023 with immediate effect, as above-average monsoon rains are expected to boost crop yields amid overflowing stocks in state granaries.

India loosened restrictions on some rice exports, a move that may ease global prices and signal a shift in domestic agricultural policies following recent national elections.

The export ban had come amid a marginal dip in rice production and the looming threat of an erratic monsoon last year. What is the situation this year? What is India's status as a rice exporter? We ex

India gave the go-ahead on Saturday for exports of non-basmati white rice to resume as inventories in the world's biggest exporter of the grain surge and farmers prepare to harvest a new crop in the coming weeks.

India loosened restrictions on some rice exports, a move that may ease global prices and signal a shift in domestic agricultural policies following the recent national elections.

India on Friday reduced export duty on parboiled rice to 10% from 20% earlier, the government said in a notification, as inventories in the world's biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks.

India on Saturday allowed exports of non-basmati white rice exports as inventories in the world's biggest exporter of the grain surged and farmers are set to harvest a new crop in the coming weeks. New Delhi set a floor price for non-basmati exports at $490 per metric ton,