“Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne,” Crisis added.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this