ARTICALS 1

Vietnam's cashew industry has recorded a surprising shift in trade balance, with over $2 billion spent on cashew imports in just the first five months of 2025, signaling a return to a trade deficit in a sector traditionally known for its export strength

Indian consumers can expect a welcome relief in edible oil prices in the coming weeks, following the customs duty reduction announced by the Government on May 30, aimed at curbing domestic inflation and supporting household budgets

India has officially surpassed China to become the world’s largest rice producer, clocking a record 149 million tonnes in the 2024–25 crop year — a remarkable 25% increase over 2019–20.

India’s rice export sector is showing renewed strength, supported by robust government reserves, favorable currency movements, and recovering global demand. While India gains momentum, top competitors Vietnam and Thailand continue to face subdued market conditions due to slow buying and ample domestic supply, according to a recent market report.

Crisil says for India’s diamond polishing industry, Israel functions primarily as a trading hub, contributing around 4% of total diamond exports last fiscal. About 2% of India’s rough diamond imports also came from Israel.

The Department of Consumer Affairs, which comes under the Ministry of Consumer Affairs, Food and Public Distribution and is responsible for monitoring prices of essential commodities, plans to promote cultivation of two pulses — arhar (tur) and urad — through seed distribution campaigns across a dozen districts in seven states, a top official said Thursday.