rice price hike

India’s rice area grows on higher prices

Indian farmers have planted 39.8 million hectares (98.3 million acres) with rice, up 3.7 percent on the same period last year, farm ministry data showed on Friday, as record high prices prompted farmers to expand the area.

Price hike of essentials: the poor have their back against the wall

Abdul Wahab, a security guard at an ATM booth of a private bank in the capital, works 16 hours a day.

Rice Price Hike: JS body for action against those responsible

Expressing resentment over the hike in rice prices despite high yields of paddy, the parliamentary standing committee on agriculture ministry yesterday asked senior officials of the agriculture ministry to identify and take action against those responsible.

Inflation, war eating away food gains

Bangladesh made gains in food production and ensured the availability of rice in recent years. But surging inflation, erratic weather, and the Russia-Ukraine war affected the availability of cereals and reduced low-income people’s access to food this year.

India says Bangladesh cutting rice import duty raised domestic prices by 10%

Bangladesh’s recent cut in import duty of non-basmati rice has pushed up prices of the grain in India’s domestic markets by ten percent in the last five days, and is causing a rush among Indian exporters to go for deals with the neighbouring country.

Rice to be imported privately for market stability: Food Minister

The government has decided to allow private firms to import duty free rice to keep the rice market stable.

Hiking rice prices: Hoarders of every hue in it

Hoarding by small traders as well as large business groups has been causing rice prices to soar, giving low-income people a hard time.

Rice pricier even in peak Boro season

The prices of rice rose by Tk 8-10 per kg over the last two weeks even though it is the harvesting season and there is ample supply of paddy.

Food stock rises

The government's food stock saw a rise this year compared to the same period last year. This was mainly due to a significant

October 3, 2017
October 3, 2017

Rice traders asked to get licence by October 30

Food officials have not been properly monitoring the market for long, allowing a section of unscrupulous traders to do business of essentials like rice and wheat without having licence and hoard them.

September 22, 2017
September 22, 2017

Dealers go rogue with OMS rice

At a time when consumers are hit hard by high prices of rice, a section of government-appointed dealers allegedly sold rice, meant for Open Market Sale programme, in the market.

September 20, 2017
September 20, 2017

Govt wasn't alert to depleting stock

Following a blame game over volatility in the rice market, the government and rice traders reached some decisions yesterday to help

September 19, 2017
September 19, 2017

Govt plans OMS for grassroots

With no let-up in the spiraling rice price, the government has planned to expand Open Market Sale of subsidised foodgrains to the upazilas across the country.

September 18, 2017
September 18, 2017

Soaring Price of Rice: Govt intervenes to stabilise market

With rice prices soaring across the country, the government yesterday made a rather delayed intervention in the form of distribution of

September 18, 2017
September 18, 2017

Cheaper Atap or pricey Shiddho?

Tofayel Alam has been facing economic hardship with the rice price skyrocketing these days.

August 10, 2017
August 10, 2017

Govt to further slash duty on rice import

In a desperate bid to stabilise rice price, the government has decided to further reduce the duty on import of the staple and strike a deal with Thailand to buy rice.

June 21, 2017
June 21, 2017

Rice price to be declined by Tk 6 per kg: Commerce Minister Tofail

Commerce Minister Tofail Ahmed tells the parliament that rice price will be declined by Tk 6 per kilogramme as the import duty on it has been reduced.

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