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The Delhi High Court dismissed an appeal by VI Exports India seeking permission to export 11,000 tonnes of banned non-basmati white rice. The court held that strict compliance with exemption conditions was required.
The ruling upholds India's non-basmati white rice export ban for this exporter, keeping that volume off world markets and supporting rice prices.
research.lawsathi.inManmeet Pritam Singh Arora ActingApr 30, 2024After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
