Brazil’s sugar exports are likely to fall 28.6 percent in 2018/19 from a year ago to 22 million tonnes as the South American country trims production of the sweetener to raise ethanol output, a senior industry official said. Brazil’s sugar production in the next season could fall nearly a quarter to 31 million tonnes, said… Read More »
Chief Minister H.D. Kumaraswamy said on Friday that the State government was ready to take steps to revive the ailing Brahmavar Cooperative Sugar Factory if the farmers in Udupi district were ready to grow sugar cane in ample quantities. Addressing reporters after chairing a review meeting here, Mr. Kumarasawamy said water from the Varahi Irrigation… Read More »
Even though the government is taking all efforts to revive the historical Mysore Sugar (MySugar) factory in Mandya, it is facing a short supply of sugarcane. Thanks to the sugar lobby, all produce is being diverted to private sugar factories.
India imported $110 billion of crude oil last year. With higher oil prices, this year’s import bill will be even higher. Our exports have registered zero growth in the past four years (2014 to 2018), while our imports have surged — not just of oil but also coal, mobiles and gold. No wonder the rupee… Read More »
The Yogi Adityanath government in Uttar Pradesh has admitted that dues to the tune of nearly `11,000 crore are still pending towards sugarcane farmers of the state as on August 20, an issue that cost the government dear in the Kairana bypoll.