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Apparel exporters urge commerce minister Piyush Goyal to regulate cotton yarn exports
Apparel exporters requested government intervention to regulate cotton yarn exports. Rising yarn prices are significantly hurting the industry's global competitiveness. Limited stock and increased demand from countries like Bangladesh and Vietnam contribute. Higher manufacturing costs affect opportunities in new free trade agreement markets. Value addition through finished garments offers greater economic benefits than raw materials.
Wholesale milk prices in Mumbai to rise ₹9 per litre to cross ₹100 from Sept 1
Starting on September 1, Mumbai's milk wholesale prices are set to surge by ₹9 per litre, a change driven by increased operating expenditures for dairy farmers. This new pricing structure will be maintained for six months, necessitating local vendors and dairies to revise their retail costs. As a result, businesses reliant on milk will also incur higher input expenses.
Iconic 1956 movie is suddenly finding new viewers 70 years later. It already has a place among AFI’s most celebrated films
The Ten Commandments, Cecil B. DeMille’s 1956 biblical epic starring Charlton Heston, is finding new viewers nearly 70 years after its release. The film has recently appeared prominently on Pluto TV’s streaming charts, adding to its long legacy that includes recognition from the American Film Institute as one of cinema’s greatest epics.
Maharashtra sugarcane farmers seek higher prices after sugar rally
Sugarcane farmers in Maharashtra are demanding higher prices for the 2025-26 season. This agitation follows a significant increase in sugar prices over recent months. Farmer organizations believe sugar mills should share increased profits with growers. Several farmer associations have submitted their demands to the state sugar commissionerate. Growers across the state seek better payment for sugarcane sold to mills.
Sugar supply likely to improve on switch to fortnightly quota
Under the fortnightly quota, sugar mills will be required to sell at least 40% of the allocation in the first week and the remaining quantity in the succeeding week. It was observed that in certain cases, sugar sold by mills at the beginning of the month was being dispatched or lifted by buyers only towards the end of the month, leading to artificial scarcity, the government said in a statement.
Government to allocate fortnightly sugar sale quota to mills from September to prevent artificial scarcity
Retail sugar prices are easing as ex-mill rates decline significantly. The government will now allocate sugar fortnightly to mills from September. This new system aims to prevent artificial scarcity and ensure smooth supply. Mills must dispatch sold sugar within seven days of sale.
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Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20 to Rs 55.70/kg on August 20, with current prices around Rs 70/kg. Balrampur Chini Mills, Dhampur Sugar, Uttam Sugar, Triveni Engineering and EID Parry were among the key gainers.
Sugar prices may fall soon as 3-3.5 lakh tonnes of refined sugar is expected to enter Indian market
Refined sugar stocks are entering the domestic market, helping ease supply concerns, while duty-free imports of raw sugar are expected to further strengthen availability ahead of the festive season. Ex-mill sugar prices have already fallen by around 20%, suggesting that speculation, rather than an actual shortage, was behind the recent price rise. Consumers can therefore expect sugar prices to become more reasonable in the coming days.
Sugar prices rise over Rs 1 per kg for second consecutive day to Rs 65 amid festive demand
Retail sugar prices increased for a second day due to higher festive demand. Ex-mill rates have fallen significantly after the government allowed raw sugar imports. Wholesale sugar prices also saw a marginal increase on Wednesday. The government has imposed stock limits and banned exports to control prices. Sugar supply remains adequate with sufficient domestic production and opening stocks.
Sugar prices rise by nearly Re 1 per kg to about Rs 64
Sugar prices rose by nearly Re 1 per kg to Rs 63.97 in the retail market on August 25, despite recent government steps to curb the surge. The average retail price has risen 31% in a month from Rs 48.81 per kg and is 38% higher than a year ago. Wholesale prices have also climbed to Rs 59.23 per kg from Rs 45.35 a month earlier.
Options turnover sinks at Dalal Street's top exchange preparing for IPO
India's stock exchange has seen options turnover plummet to its lowest in a year, a direct consequence of newly enforced trading regulations and the adoption of a closing auction system. Cash equities trading has also dipped, marking its lowest since November. This downturn poses a significant challenge for the upcoming initial public offering by the NSE, as traders recalibrate their strategies to align with the modified auction process.
India eases raw sugar import rules as it cracks down on hoarding
The government has extended the processing window for duty-free raw sugar imports. This move aims to increase domestic sugar availability before the festive season. Domestic sugar prices have risen sharply due to tighter supplies and increased demand. The government is also curbing hoarding by reducing stockholding limits for bulk consumers. These measures seek to stabilize sugar prices and ensure adequate supply for consumers.
Wholesale buyers savour softening sugar even as households' wait for a sweeter deal continues
Wholesale sugar prices have seen a significant 15% fall due to recent government import decisions. Traders are optimistic about further reductions as fresh supplies are set to arrive shortly. However, consumers will not notice a drop in retail prices just yet as old inventory needs to be sold off first.
India's sugar mills, refiners seen importing just half of duty-free quota
Indian sugar mills may import only half the allowed raw sugar quota. Falling domestic prices have reduced the profitability of these planned imports. Refineries are expected to take most of the available import volume. Domestic supplies are anticipated to rise from mid-October with the new season.
Sugar ex-mill prices down 18 pc to Rs 55/kg after import move, curbs on hoarding: Food secretary
Ex-mill sugar prices have dropped eighteen percent to fifty-five rupees per kilogram. This decline follows government measures to curb speculation and allow imports. The food secretary stated prices were artificially inflated by mills previously. Wholesale and retail prices have not yet reflected this significant ex-mill reduction. Government actions aim to stabilize sugar costs for consumers nationwide.
India's sugar industry body shares a positive price outlook
Retail sugar prices are expected to decrease soon as speculative stocking eases. The industry body attributes recent price hikes to speculation and weather-related production issues. Domestic sugar stocks are currently estimated below the government's normative buffer level. The government has permitted duty-free raw sugar imports to address supply concerns.
Sugar stocks Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 11%. Here are 2 triggers
Sugar stocks rose sharply on Monday as domestic sugar prices climbed above Rs 50 per kg amid tight inventories and supply concerns. Festive demand, adverse weather in key producing regions and Brazil’s shift towards ethanol are adding to worries over availability. The government has also tightened stockholding limits to curb hoarding.
No ethanol link, decline in sugarcane production and stockpiling driving up sugar price: Experts
Sugar prices have surged to ₹75-80 per kg in Chhatrapati Sambhajinagar amid falling sugarcane production and heavy stockpiling by traders. Experts said the rise is driven by lower cane output, shorter crushing seasons and stockpiling, rather than diversion of sugar for ethanol production.
‘Biased, no credibility’: MEA hits back at US body over call for RSS sanctions
India's External Affairs Ministry criticized the US Commission on International Religious Freedom. The ministry called the US body biased and lacking credibility for its statements. This criticism followed the commission's call for sanctions against Rashtriya Swayamsevak Sangh members. The commission alleged that affiliated groups attacked religious minorities in India. The US body urged sanctions instead of high-level meetings for RSS leaders.
Uttar Pradesh CM Yogi Adityanath assures no sugar shortage, details state stock availability
Uttar Pradesh Chief Minister Yogi Adityanath stated there is no sugar shortage in the state. He assured consumers that ample sugar stocks are currently available with mills. Mills have sold significant quantities, which remain in the open market. Officials are directed to monitor stocks and take action against hoarding. Sugarcane cultivation is projected to increase for future production.
From sugar exports to imports: What’s behind India’s policy U-turn?
The policy shift raises questions over whether 2025-26 production and stock estimates were too optimistic.
India rejects USCIRF call for RSS sanctions, calls organization biased
India has rejected remarks by the US Commission on International Religious Freedom. The External Affairs Ministry spokesperson called the organization biased and lacking credibility. USCIRF officials had called for sanctions against the Rashtriya Swayamsevak Sangh. They also recommended that US officials avoid diplomatic courtesies for RSS leaders. India stated that such organizations have their own agendas and should be avoided.
India's first large-scale biopolymer plant in UP set for October launch
India's first large-scale biopolymer plant in Lakhimpur Kheri is nearing its October operational launch. This pioneering project will convert locally grown sugarcane into PLA-based bioplastic. The facility features a Zero Liquid Discharge system to prevent harmful liquid waste. Chief Minister Yogi Adityanath laid the foundation stone for this significant industrial development.
Sugar stocks Balrampur Chini, Dhampur Sugar, others tumble up to 5% as govt allows duty-free imports
Sugar stocks fell sharply on Friday after the government allowed duty-free imports of 1 million tonnes of raw sugar until October 31. Balrampur Chini Mills, Dhampur Sugar Mills and Bajaj Hindusthan Sugar declined sharply, reversing recent gains driven by rising sugar prices and tightening supply ahead of the festive season.
Govt halves bulk sugar stock limit to 15 days as prices surge
Government halves bulk sugar stock limit to 15 days as prices surge 20% ahead of festive demand. It has also ordered mills to report detailed sales, buyer and price data for August 17-19 to monitor hoarding and market activity. Authorities are assessing whether sugar imports are needed to ease the supply squeeze.
Sugar stocks Bajaj Hindusthan Sugar, Balrampur Chini, others rally up to 8% even as govt tightens stock limits
Sugar stocks rallied up to 8% after the government tightened inventory limits for dealers amid record-high sugar prices. Bajaj Hindusthan Sugar led gains, while Balrampur Chini and other stocks also advanced. Concerns over domestic and Brazilian supply, rising festive-season demand and a possible cut in import duties have further supported prices.
US religious freedom body seeks sanctions against RSS, no high-level meetings with its leaders
A US advisory body urged sanctions against the Rashtriya Swayamsevak Sangh. Officials asked the US government to avoid high-level meetings with RSS leaders. Prime Minister Narendra Modi is a member of the RSS organization. RSS Chief Mohan Bhagwat plans to visit the United States soon. India rejected the US commission's report as selective and distorted.
Indian steel mills face margin squeeze as global coking coal prices rise
Indian steelmakers face margin pressure from higher coking coal prices. Supply disruptions in Australia and China raise steelmaking costs significantly. These increased costs could delay capacity expansion plans for mills. Higher import demand also contributes to rising transport and freight expenses. Companies are diversifying imports while seeking new supply sources.
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