Iran has stopped registering new orders for imports of rice from India, at least for the time being, as domestic stocks rise and farming authorities report better yields. A Wednesday report by Tasnim news agency showed that Iranian rice importers had confirmed reports in Indian media suggesting that Iran had stopped processing import orders for ...

Tasnim India plans to send a delegation to Iran to discuss ways for resuming exports of its Basmati rice to the Islamic Republic, the president of All India Rice Exporters Association said. Mohinder Pal Jindal said the delegation comprising government officials and exporters will travel to Iran on January 27-29, The Economic Times reported. He ...

NEW DELHI--Strong demand from Iran has pushed up the price of India's premier basmati rice to all-time highs, with this purchasing reinforcing the sub-continent's recent emergence as the world's top rice exporter, trade executives said Tuesday. The two countries introduced a payment mechanism last June to skirt Western sanctions against Iran which ...

DUBAI, March 7 (Reuters) - Iran's oil export revenues are helping Indian rice exporters to claw back some of the lucrativebusinesslost to cross-border truckers inPakistanas a result of Western sanctions. Indian rice exports direct to Iran have bounced back, thanks to shippers being paid up front in rupees from a huge pool of oil money owed to Iran ...

NEW DELHI--Indian traders likely have to adjust downward prices of rice shipments to Iran following a devaluation of the currency rial against the U.S. dollar over the past month, trade executives said Monday. Iran receives rice exports from India in exchange for crude oil. As the rice exports to Iran and the crude-oil prices are quoted in U.S. dollars,...