Indian rice exporters raise concerns after Iran starts placing orders for basmati from Pakistan

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A Crisil study has stated that Iran, which imports around 1.3 million tonne of basmati rice annually, is expected to register 20 per cent lower volume from India as payment-related issues continue from last fiscal because of US sanctions.

from Agriculture-Economy-News-Economic Times https://ift.tt/3hyzDNh

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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