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Business / 9 weeks ago

India rules the global hair trade with 94% market share

When it comes to one of the most unusual yet booming global markets—human hair—India is the undisputed leader. A recent analysis by Trend Economy reveals that India is responsible for an extraordinary 94% of all human hair exports worldwide, a figure that places the country miles ahead of any competitor.

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World / 9 weeks ago

India surpasses China to become the new rice powerhouse

For decades, China held the top spot in global rice production. But data is now showing a pivotal shift: India has overtaken China, producing an estimated 150 million metric tons of rice in the 2024–25 marketing year, about 27–28% of global output, according to the USDA. At the same time, China trails closely behind, producing around 145 million metric tons. This shift comes on the heels of record-breaking harvests and a boom in acreage. The USDA’s World Agricultural Outlook Board highlights that India has expanded its harvested rice area to 50–51 million hectares, delivering yields that are among the highest seen, driven by favourable monsoon rains, government support via minimum support prices (MSP), and high-performing seed varieties.

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Business / 16 weeks ago

Global diamond production hits billions - Here’s who’s leading

Russia, long known for its vast mineral resources, is the world’s top diamond producer, generating an astronomical $3.6 billion worth of diamonds annually. Close behind is Botswana, a country whose economy is heavily reliant on diamond exports, with production valued at $3.3 billion.

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