Basmati trade disrupted! What unrest in Iran and Trump’s 25% tariffs mean for India’s rice exports and prices – explained

Basmati trade disrupted! What unrest in Iran and Trump’s 25% tariffs mean for India’s rice exports and prices – explained

IREF noted that the US already imposes a 50% duty on Indian rice shipments. (AI image) Recent export data shows that India sent basmati rice worth $468.10 million, which is 5.99 lakh metric tonnes, to Iran during April to November of 2025-26. According to the Indian Rice Exporters Federation (IREF), Rising tensions in Iran and…

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Senior Citizens Savings Scheme: At 8.2% interest rate, how does SCSS compare to bank FDs, RBI bonds, and mutual funds? Explained

Senior Citizens Savings Scheme: At 8.2% interest rate, how does SCSS compare to bank FDs, RBI bonds, and mutual funds? Explained

SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS, is a popular post office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is considered a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high interest…

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