SUGAR RATES
Maharashtra's poll pitch sweetened with Rs 1,898 cr loan for struggling sugar mills tied to NCP and BJP leaders
Maharashtra assembly elections: The National Cooperative Development Corporation (NCDC) has approved a working capital loan of Rs 1,898 crore to the Maharashtra government to support 13 struggling sugar mills. Five of these mills are linked to Ajit Pawar's NCP politicians, and five are associated with BJP leaders. The loan is provided ahead of the Maharashtra assembly elections.
Ahead of Market: 10 things that will decide D-Street action on Thursday
The NSE Nifty 50 and S&P BSE Sensex opened at all-time highs, rising about 0.3% each, before closing with the Nifty down 0.18% to 23,516 and the Sensex up 0.05% to 77,337. The MACD indicator signals bullish momentum for Hitachi Energy India, Axis Bank, Force India, Ingersoll-Rand India, and JITF Infralogistics.
Ahead of Market: 10 things that will decide stock action on Tuesday
Indian benchmark equity indices, Sensex and Nifty50, logged record closing highs for a second straight session on Friday, driven by state-run companies and energy stocks on hopes of continued capital expenditure spending by the new government.
Increase minimum selling price of sugar to Rs 42/kg, says industry body NFCSF
The National Federation of Cooperative Sugar Factories (NFCSF), representing co-operative sugar mills in India, has requested the central government to increase the minimum selling price (MSP) of sugar by 35% to Rs 42/kg. The MSP was introduced in 2018 and last revised in February 2019. However, sugar prices have been consistently higher than the MSP, with ex-mill prices in Maharashtra being Rs 36/kg, and retail prices in the range of Rs 42-44/kg. The NFCSF has already submitted its proposal to the Union Government.
Sugar rush! Praj Industries, Balrampur Chini shares jump by over 6% on boost from ethanol blending
Praj Industries shares surged 6.4% to a 52-week high on NSE after Union Minister Hardeep Singh Puri's announcement on India's biofuel blending targets.
Lionel Messi to launch low-sugar sports drink Mas+. Check flavours, key details
Argentine soccer legend Lionel Messi is launching a new sports drink to compete with big brands. The drink is low-sugar and has electrolytes and vitamins.
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Nifty hits record high, Sensex jumps 1,200 points. Is RBI behind the sugar rush?
Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.
10 Best Jamun Powder for Diabetes in India
Jamun powder, derived from the dried seeds of the Indian black plum, is a natural remedy often recommended for managing diabetes. Packed with antioxidants and flavonoids, it helps regulate blood sugar levels by improving insulin sensitivity and reducing glucose absorption in the intestine. So, if you want to control your diabetes level, you must consider these best jamun powders.
Best Stevia Powders in India for Natural Alternative to Sugar (2024)
Are you looking for a healthier alternative to your regular sugar? If so, then continue reading this article to learn about the best stevia powders in India which can be the right alternative for your regular sugar. You can find these powders readily available on Amazon and place your order using the buying links shared below.
10 Best Sugar Free Chyawanprash in India
Chyawanprash is a great health supplement that can help build stamina and protect you from seasonal allergies, infections, common cough and cold with the assistance of added medicinal herbs, organic ingredients, and minerals. This article features a list of the 10 best sugar free chyawanprash in India that will improve your health without spiking blood sugar levels.
Nestle shareholders oppose proposal to cut back on 'unhealthy' product sales
Nestle's shareholders meeting, held amidst controversy over its sugar content in infant milk, voted against a proposal to reduce sales of high-sugar, salt, and fat products. ShareAction, an investment NGO, urged an increase in sales of healthier options, but only secured 11% support.
Diversion of B Heavy Molasses will release Rs 2300 crore for the distilleries; says NFCSF
The decision of the central government to allow use of the 7 lakh tonnes of B Heavy Molasses for ethanol production will help the sugar industry get a revenue of Rs 2300 crores, said National Federation of Cooperative Sugar Factories (NFCSF), which represents the cooperative sugar mills of the country.
NFCSF hails govt decision to allow use of 7 lakh tonne of excess B-heavy molasses for ethanol making
NFCSF welcomed govt's decision to allow 7 lakh tonne of B-heavy molasses for ethanol, aiding in ethanol production and improving sugar mills' finances. This move will release around Rs 700 crore from remaining stocks, impacting selling rate and distillation projects.
10 Best Sports Drinks in India for Endless Energy
In India, the best sports drinks offer a refreshing and effective way to replenish electrolytes, restore energy levels, and enhance hydration during physical activity. With a variety of options available in the market, standout brands prioritize formulations that are scientifically developed to optimize performance and recovery. These sports drinks often contain a balanced mix of electrolytes like sodium, potassium, and magnesium, along with carbohydrates to fuel muscles and aid in post-exercise recovery. Trusted by athletes and fitness enthusiasts alike, the best sports drinks in India taste great and deliver essential nutrients to support peak athletic performance and overall well-being.
Best Karela Juice for Diabetes in India for Blood Sugar Control
Are you looking for the best karela juice for diabetes in India? If so, then continue reading this article, where we have curated a list of such juice brands which are readily available on Amazon. You can go through our article to find the one that suits you best and place your order using the buying link shared below.
Discover the Top 8 Keto Cookies: Indulge in Guilt-Free Treats in India
In the quest for healthier snack options, Keto cookies have emerged as a popular choice in India, offering both delicious taste and nutritional benefits. Among the best Keto cookies available in the Indian market are those crafted with wholesome ingredients like almond flour, coconut oil, and stevia, ensuring a low-carb and sugar-free treat that aligns with a ketogenic lifestyle. These cookies provide a guilt-free indulgence for health-conscious individuals, offering a satisfying crunch and rich flavor while supporting weight management and promoting stable blood sugar levels. Whether enjoyed as a midday pick-me-up or a guilt-free dessert, these Keto cookies make a delightful addition to a balanced and healthy lifestyle in India.
Non-grocery items deliver bright growth to dark stores
Quick-commerce platforms like Zepto, Swiggy Instamart and Blinkit are seeing rapid growth in the sale of non-grocery items as they continue to diversify their offerings and enter ecommerce turf.
Sugar mills paid Rs 78,000 cr to cane farmers in H1 of 2023-24 season
Sugar mills in India have paid Rs 78,000 crore to sugarcane farmers in the first six months of the current marketing season, a food ministry official said. Mills have cleared 87% of the total cane payment of Rs 90,000 crore till March 31 of the 2023-24 season. They have produced over 300 lakh tonnes of sugar so far this season.
World food prices rise for first time in 7 months: FAO
Global food prices rose in March, driven by higher cooking oil prices, despite grains becoming cheaper. The UN's Food and Agricultural Organization reported a 1.1% increase in its Food Price Index to 118.3 points, the first rise since July. Vegetable oils surged 8.0%, dairy prices climbed 2.9%, and meat prices rose 1.7%. However, cereals prices fell 2.6% and sugar prices dropped 5.4%. The increase in food prices comes after a period of decline following Russia's invasion of Ukraine in February 2022.
Stable policy, stronger balance sheets make them ready for another round of re-rating? 6 sugar stock with upside potential up to 44%
If one was to look at the history of the sugar industry. Two things would stand out, their balance sheet was ridden with debt. Why it was ridden with debt because it is an industry where the policy and political interference was maximum. Second, the companies used to dread the time when elections were coming closer. The reason was simple, in order to please the vote bank, there would be announcements which would put pressure on the industry. The top most being the hike in the minimum support price (MSP) or fair remunerative price as it is called by this name also. It is essentially the minimum price at which sugar mills are supposed to buy sugar cane from farmers. But things have changed for the better in the last ten years and debt numbers and also stock prices are clearly showing that. There is no arbitrary change in policy around election time. The question is whether a better debt situation would lead to stronger re-rating this time?
Best sugar testing machine in kits under 2000 for accurate readings and convenient use
Designed to simplify diabetes management, this selection of carefully picked out best sugar test machine kits under 2000, we aim to help you make an economical and safe decision by highlighting and simplifying special features of every kit you will find here ensuring you only receive the best product at your doorstep.
10 Best Glucometer Kits Online for convenient blood glucose monitoring (2024)
Glucometer kits offer individuals with diabetes a reliable and convenient way to monitor their blood glucose levels. These kits typically include a blood glucose meter, test strips, lancets, and a lancing device. Many kits also come with connectivity options, allowing users to sync their data with smartphone apps for easy tracking and analysis. Read on to check out some of the best glucometer kits from trusted brands like Accu-Chek, OneTouch, Contour Plus and Dr Trust and manage your diabetes with confidence and convenience.
Top 10 Glucometer Kits Under 1000 for Precise Diabetes Management
Top glucometer kits under 1000 provide an affordable and convenient solution for individuals managing diabetes. These kits offer accurate blood glucose monitoring, allowing users to check their levels at home. With user-friendly features, compact designs, and cost-effectiveness, these glucometers empower individuals to take charge of their health without breaking the bank. Accessible technology has made it easier for people to monitor their blood sugar levels regularly and make informed decisions about their lifestyle and treatment plans.
Sugar output marginally declines to 25.53 MT so far in this marketing year: ISMA
Sugar production stood at 25.84 MT till February in the year-ago period. Sugar marketing year runs from October to September. In its second estimate, the Indian Sugar Mills Association (ISMA) has projected sugar output to decline by 10 per cent to 33.05 MT in the current 2023-24 marketing year as against 36.62 MT in the previous year.
Best White Sugar/Chinni to sweeten your every recipe
Dive into the world of white sugars with this list of best options for sweetening your dishes. This handpicked list includes a wide range of white sugar/chinni for your family. Find the ideal sweetener to improve the flavor of your dishes.
Finest Brown Sugars for golden goodness in your everyday meal
Discover the rich and warm notes of the finest brown sugars to elevate your culinary creations. From deep molasses undertones to a subtle caramel sweetness, explore the world of brown sugars that add a touch of golden goodness to your everyday meals.
Cabinet approves hike in sugarcane FRP by Rs 25 to Rs 340 per quintal for 2024-25 season
The government has decided to increase the Fair and Remunerative Price (FRP) for sugarcane growers by Rs 25 to Rs 340 per quintal for the 2024-25 season, marking the highest increase since 2014. This decision, taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), is aimed at benefiting over 5 crore sugarcane farmers and ensuring their prosperity. The new FRP, which will be effective from October 1, 2024, is 107% higher than the cost of production. This move reaffirms the government's commitment to doubling farmers' income and comes ahead of the general elections.
India notifies 8,606 tonnes of raw cane sugar exports to US under TRQ
Nearly 8,606 tonnes of raw cane sugar exports under the tariff-rate quota (TRQ) scheme to the US for the fiscal year 2024 has been notified by the government. Shipments under the TRQ enjoy relatively lesser customs duties. After the quota is reached, a higher tariff applies to additional imports.
Ethanol blending rate to fall to 10%: CRISIL
The ethanol blending rate in India for the ethanol supply year 2023-24 (November 2023 to October 2024) is expected to drop to less than 10%, down from 12% in the previous year, according to a report by CRISIL. This decline is attributed to the government's decision to restrict the use of sugarcane juice and sugar syrup for ethanol production due to lower sugarcane production caused by erratic rains.
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