Rice export prices in major Asian markets have dropped to multi-year lows as abundant supplies, weak global demand, and volatile local currencies weigh on the region’s key agricultural export commodity. Thailand’s benchmark 5% broken rice fell to $340 per metric tonne this week — the lowest since November 2007. In…
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Mother Dairy Cuts Prices After GST 2.0 Reform
In a major relief for consumers, Mother Dairy announced on Tuesday that it will slash prices across its dairy and food products following the implementation of the government’s GST 2.0 reforms. The revised rates, effective from September 22, will make everyday essentials like paneer, butter, cheese, ghee, and ice creams…