News
The Indian Wheat Crisis: What We Know So Far
Agriculture ministers from the G7 industrialised nations immediately condemned India’s decision on Saturday.
India has banned exports of wheat effective immediately, citing a risk to food security, partly due to the Ukraine-Russia conflict and as a scorching heatwave curtailed output following economic inflation and decline in the value of Rupee.
Although not one of the world’s top wheat exporters, India’s ban can drive global prices to newer heights given already taut supply, hitting underprivileged consumers in Asia and Africa particularly hard.
“If everyone starts to impose export restrictions or to close markets, that would worsen the crisis,” German agriculture minister Cem Ozdemir said at a news conference in Stuttgart.
“We call on India to assume its responsibility as a G20 member,” Ozdemir said.
Government officials in New Delhi said on Saturday that India would still allow exports backed by already issued letters of credit and to countries that request supplies “to meet their food security needs”.

-
Economy2 months agoNumber of Workers in GCC Countries Increase From 2021 to 2025
-
OER Magazines2 months agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Magazines1 month agoOER Magazine April 2026 Issue
-
Oman1 month agoREVIEW: WHOOP and the Rise of Performance Luxury
-
Economy2 months agoElectricity Tariffs Reduced for Residential Use – What It Means for You
-
Lifestyle1 month agoAP x Swatch Royal Pop: A Rule-Breaking Collaboration That Takes the Royal Oak Off the Wrist
-
News1 month agoANALYSIS: Oil Slips As Peace Hopes Reprice Middle East Risk, But Supply Tightness Keeps Market On Edge
-
News2 months agoOPINION – New CEO, New Era: What’s Next for Apple?
