Cabinet nods Rs 6,268 crore export subsidy for sugar

The subsidy will be credited to bank accounts of farmers against cane price dues and are compliant with WTO norms. This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka.......

India's sugar output will likely hit a record 35-35.5 mn tonnes

The production in Maharashtra is pegged higher at 11-11.5 million tonnes against 10.71 million tonnes India’s sugar output is expected to reach a record 35-35.5 million tonnes during the......

A 'bitter pill' for India's sugar industry

Industry staring at a record surplus by next year The Indian sugar industry, second largest in the world, is creating a not-so-sweet trap for itself. Early this year, millers were keen to export......

Traders halt off-take of sugar,fear price freefall

Stocks are mounting in Maharashtra's cooperative sugar factories, after traders halted lifting the commodity because of a continuous fall in its price.They fear prices may soon bottom out due to......