Sugar stocks are showering investors with sweetest ever gains in the current bull run despite the temporary hiccups like the government intervention seeking price cuts and potential supply concerns.
The government would not extend export freight assistance to sugar mills beyond September, Union Agriculture and Food Minister Sharad Pawar said on Friday. On August 29, Finance Minister P Chidambaram had said the government must end assistance to sugar exporters since enough sugar had been exported out of the country.
As cess levied under GST isn't shared by states, most states oppose it on the ground that it would set a wrong precedent and distort the GST structure.
'Safe crops' are making its foray into Indian farmer's stable and this is causing problem for the country as one commodity faces shortage while some are over produced.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
Record sugar output has also yielded molasses production way beyond market demand and plant capacity of state distilleries and country made liquor units
The state government has formed two committees under the chief secretary and the cane commissioner on the matter.
Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI Bank, HDFC Bank and Bajaj Finance were the other laggards. Bharti Airtel, Power Grid, Infosys and Larsen & Toubro were among the gainers.
Fight the battle of the bulge by cracking down on your sugar intake -- here's how.
A number of sugar companies in India are awaiting government approval for loans from the Sugar Development Fund to set up co-generation power units or ethanol plants.
Christmas recipes from Masterchef Pankaj Bhadouria.
Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar importing mills in Uttar Pradesh have still not been able to arrive at an agreement on processing imported raw sugar by millers in Maharashtra and Gujarat.
rediffGURU Dr Vinod Kumar offers advice on how to take care of your kidneys.
The Rangarajan Committee recommends that mills should be able to sell their sugar in the open market.
Prioritising portion control fosters a healthier approach to well-being in the long run, explains Shilpa Joshi.
The production in Maharashtra is pegged higher at 11-11.5 million tonnes against 10.71 million tonnes
Do you know how to buy the best lady's fingers? Or choose the best cauliflower?
Agriculture Minister Sharad Pawar on Friday said it will be difficult to decontrol sugar industry as many state governments, including the country's second largest producer Uttar Pradesh, are against freeing this sector.
These tempting spring rolls can be made in advance and frozen.
India's apex sugar cooperative, the National Federation of Cooperative Sugar Factories (NFCSF), has asked farmers to grow sugar canes with high sugar content.
The Cabinet's reluctance to approve the food and consumer affairs ministry's proposal to decontrol sugar is hard to understand -- especially when supplies are comfortable and set to improve further because of the dismantling of the sugar buffer of 5 million tonnes. Besides, the fresh crushing season is beginning next month. Yet, the Cabinet Committee on Economic Affairs, has put on hold the move to do away with the 10 per cent sugar levy and the monthly release mechanism.
Is sugar an essential commodity like your daily staples of wheat, rice and pulses? Well, the sweet commodity should not be included in the list of essential commodities by the government, says a new study by consulting firm KPMG.
Sugar sector has welcomed the central government's decision to hike the buffer stock to 5 million tonnes.
What tastes better with dahi-rice, dal-chawal or puris than the season's newly-made home pickle?
Price-wise sugar is going to taste sweet to consumers and bitter to the farmers in coming months in Gujarat as its prices are likely to remain subdued in near future following bumper production expected this year, according to leading market players.
This has spelt trouble for the mills. Most of them are unable to pay the farmers.
In what could be claimed a major breakthrough, scientists have produced sugar from solar energy, using plant, bacterial, frog and fungal enzymes.
You will be as smitten with this Singaporean soup as I was.
The Enforcement Directorate on Wednesday told the Supreme Court that the trial court judge was in a "hurry" and did not afford a reasonable opportunity to the prosecutor to oppose Delhi Chief Minister Arvind Kejriwal's bail in a money laundering case linked to the alleged excise scam.
Audrey Crasto's Guava Cheese and Rose Cookies make Christmas a treat!
'There are legions of unemployed degree holders across rural and semi-urban belts in Maharashtra. Now, they aren't finding brides.' 'This issue has now snowballed into a social crisis. In 2014 and 2019, they had voted for the BJP.'
A first step in that direction has been taken by the prime minister by setting up an expert panel headed by his economic advisory council.
'China will do everything to hamper our ability to be a competitor.' 'China wants every country in the region to be subservient and we are the biggest stumbling block.'
'The BJP alliance needs to handle the Maratha quota issue skilfully and address its root cause, which is agrarian distress. Then there is stalled industrialisation. If these issues are addressed, caste fault lines would wither away. But, this is next to impossible in a short span of three-four months.'
This hot beverage is a great substitute for tea.
A meeting of the board of Rajshree Sugars & Chemicals Ltd will be held on February 06 to consider the merger of its wholly owned subsidiary South India Sugars Ltd with Rajshree Sugars & Chemicals Ltd.
An relenting opposition on Wednesday kept the pressure on the government in the Rajya Sabha on the spiraling prices alleging scam in sugar imports, a charge rejected by Food and Agriculture Minister Sharad Pawar.
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