Articles for tag: Access, Boost, bumper, Duties, Export, Global, harvests, India, Markets, Prices, Promise, Renewed, Rice, Shipments, Slashes

Market News

India slashes rice export duties to boost shipments, as bumper harvests promise lower prices and renewed access to global markets.

India slashes rice export duties to boost shipments, as bumper harvests promise lower prices and renewed access to global markets.

India has reduced the export duty on parboiled rice from 20% to 10% due to rising inventories and an upcoming harvest. This change will make Indian rice more competitive globally, potentially driving prices down in countries like Thailand and Vietnam. The export duty for brown rice and husked rice has also been cut to 10%, ...

Market News

Samsung slashes S24 prices ahead of iPhone 16 launch, igniting a fierce market battle for high-end smartphone supremacy this festival season.

Samsung slashes S24 prices ahead of iPhone 16 launch, igniting a fierce market battle for high-end smartphone supremacy this festival season.

Samsung has announced significant price cuts of 15-35 percent on its flagship S24 smartphone range, set to launch on Flipkart starting September 26. This strategic move comes as Samsung competes with Apple’s recently launched iPhone 16 series, which has already captured Market attention. Apple is narrowing the price gap with the iPhone 16 Pro Max, ...

Market News

Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods, the parent company of popular cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story, has reported a significant improvement in its financial performance for the fiscal year 2024. The company narrowed its consolidated loss to Rs 378.21 crore, down from Rs 656.55 crore in the previous year. Revenue from operations grew by ...

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