Govt not to hike import duty on sugar
Rejecting the demand to hike import duty on sugar to 40 percent, the Finance Ministry on Friday said the levy will be retained at the existing level of 15 percent.
Jul 25, 2014, 17:50 PM IST
Sugar futures up 0.35% on summer demand: tight supply
Sugar prices rose 0.35 percent to Rs 3,160 per quintal in futures trade Monday as speculators enlarged positions, supported by summer season demand against tight supplies in the spot markets from millers.
Jun 30, 2014, 12:44 PM IST
Sugar recovers on demand picks up
In the national capital's retail market, sugar prices traded higher 50 paise at Rs 39 to Rs 40 per kg.
Jun 28, 2014, 15:58 PM IST
Speculation responsible for sugar price rise: Paswan
With sugar prices rising after the Centre rolled out incentives for the industry, Food Minister Ram Vilas Paswan on Wednesday blamed the increase on market speculation and said surplus stocks will help stabilise rates.
Jun 25, 2014, 22:17 PM IST
Sugar futures fall 0.63% on profit-booking
Snapping its rising streak, sugar prices fell by 0.63 percent to Rs 3,154 per quintal in futures trading Wednesday as speculators indulged in booking profits.
Jun 25, 2014, 13:11 PM IST
Rising prices to increase subsidy burden on PDS sugar: Thomas
The Centre's subsidy burden on PDS sugar may go up due to price increases after import duty on the sweetener was hiked, former Food Minister K V Thomas said Tuesday.
Jun 24, 2014, 18:44 PM IST
Sugar costlier by up to Rs 2 per kg on import duty hike
Sugar prices on Tuesday further rose by up to Rs 2 per kg to Rs 33.40 at the wholesale market in the national capital.
Jun 24, 2014, 14:58 PM IST
Sugar stocks extend gains for second day
Shares of sugar companies on Tuesday soared higher for second day in a row after the government announced interest-free loans for cash-strapped mills and hiked import duty.
Jun 24, 2014, 12:03 PM IST
Sugar prices rise by Rs 60/quintal on import duty hike
Sugar prices rose up to Rs 60 per quintal in its prices on the country's leading wholesale markets on stockists buying after the government raised import duty on the sweetener to 40 percent besides additional interest-free loan of Rs 4,400 crore for mills.
Jun 23, 2014, 19:15 PM IST
Govt to give more interest-free loan to sugar mills
The government on Monday decided to provide additional interest-free loan of up to Rs 4,400 crore to sugar mills and hike import duty on sweetener to enable the cash-starved industry pay their huge arrears to sugarcane farmers.
Jun 23, 2014, 15:56 PM IST
Govt agrees to raise import duty on sugar with rider
The government has also decided to raise the mandatory blending of ethanol in gasoline to 10 percent from 5 percent.
Jun 23, 2014, 13:37 PM IST
Sugar stocks soar on import duty hike, interest free loans
Government will extend sugar export subsidy of Rs 3,300 per tonne till September this year.
Jun 23, 2014, 12:40 PM IST
Sugar prices may rise as govt hikes import duty on sugar to 40%
Govt will hike import duty on sugar to 40 percent from the current 15 percent, Food and Civil Supplies Minister Ram Vilas Paswan said on Monday.
Jun 23, 2014, 12:18 PM IST
Sugar refiners gain on hopes of government aid
Shares of sugar refiners gain after a report that Food Minister Ram Vilas Paswan has called a second high-level meeting on Monday to discuss ways to bail out the ailing sugar industry.
Jun 23, 2014, 11:15 AM IST
Commerce Min not looking at hiking import duty on sugar
The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said Wednesday.
Jun 11, 2014, 19:36 PM IST
