Indian Economy

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Indian Economy

A man displays basmati rice grains inside a shop at a market in Srinagar, Jammu and Kashmir, on January 13, 2026. Civil unrest in Iran impacts India's basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, PTI reports. Meanwhile, President Donald Trump states on Monday that any country doing business with Iran will face a tariff rate of 25% on any trade with the U.S., as Washington considers a response to the situation in Iran, which experiences its biggest anti-government protests in years. (Photo by Firdous Nazir/NurPhoto)


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