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T SARITA REDDY
Sugar prices in Maharashtra hit new low last seen in March 2016“Sugar prices are falling everywhere as mills are under pressure to clear the cane payment bills,” said T Sarita Reddy, president of Indian...- Southern Maharashtra sugar mills unlikely to start ops before DiwaliFood minister said the government is not going to import sugar since the country has sufficient stocks.
- Enough sugar for this year, assures ISMASugar production fell below consumption in the 2016-17 marketing year, which ends on September 30.
- Sugar to remain firm for next three monthsBefore GST, cess of about 6 per cent and octroi of nearly 2 per cent was charged on sugar.
- Sugar stocks turn mixed on increase in import dutyImport duty on raw sugar, refined or white sugar will increase to 50 per cent with immediate effect.
- Sugar import duty hiked to 50 per cent to support domestic pricesRaw sugar prices in New York have fallen since February because of bumper production in Brazil and less-than-expected imports by India, a t...
- Sugar lobby seeks stabilisation fundFund should pay difference between FRP & price as per revenue-sharing formula.
- More raw sugar on the way, prices may fallMost of the sugar will start arriving in India from the beginning of July.
- GST will make sugar cheaper in Tamil Nadu, Andhra Pradesh, no impact in other statesAccording to ISMA, consumers from Tamil Nadu and Andhra Pradesh, the two states which currently have VAT on sugar, will have to pay less on...
- Mills in southern India to gain most from raw sugar importsThe central government has allowed import of raw sugar till June 30 to make up for the fall in sugar production in Maharashtra and Karnatak...
- Speculators and refiners spreading rumours as they want to import sugar: ISMAWith surplus sugarcane and sugar expected next year once again, and the need to pay remunerative prices to farmers, there is no need to imp...
- ISMA output prediction may leave a bitter tasteIndustry sources said that the January rally in sugar had already factored in the fall in production.
- Sugar industry wants govt to withdraw cessThis cess, which is paid by sugar mills and passed on to consumers, goes to the Sugar Development Fund (SDF) for rehabilitation and moderni...
- Food Ministry to review sugar stockSugar prices have risen by more than 5% in January to touch Rs 40 a kg in the wholesale market in Mumbai, as supply is expected to dwindle ...
- Polls or no polls, sugar rates will be controlled, says govtT Sarita Reddy, president of Isma, said that though sugar prices have gone up, the cost of production has also increased drastically.
- Government warns sugar industry against fluctuating pricesFollowing the concerns shown by the government, industry body ISMA has cautioned its members to not get caught with the speculation in the ...
- Sugar mills likely to default on debt worth Rs 11,000 croreSugar industry representatives and experts foresee lenders declaring these loans turning into non-performing assets, warranting debt restru...
- Indian sugar sector hopes better margins to clear a fifth of debtSpot price till July last year was hovering around Rs 22 per kg, much below the cost of production leading to losses , reached around Rs 33...
- Delhi Metro reschedules opening of Airport Line to Nov-endDelhi Metro has rescheduled the opening of the showcase Airport Express Line and the small stretch connecting Sarita Vihar with Badarpur to...
- Centre approves five projects for DelhiThe Delhi Urban Infrastructure Development Committee has cleared five projects worth Rs 187.55 crore for the national capital.
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