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SECTOR | 02 Jan 2025

What we know about vehicle attack on pedestrians in US that killed 15

Business Standard

Investigators were looking into whether others were involved in the rampage that killed 15 people and injured dozens when the driver of a pickup truck sped through a crowd of pedestrians in New Orleans' bustling French Quarter district early on New Year's Day. The FBI is investigating the attack as an act of terrorism and said it does not believe the suspect acted alone. The agency said the driver, a US citizen from Texas, was killed in a shootout with police. Investigators found guns and what appeared to be an improvised explosive device in the vehicle which bore the flag of the Islamic State group along with other explosive devices elsewhere in the French Quarter. Wednesday's attack unfolded on Bourbon Street, known worldwide as one of the largest destinations for New Year's Eve parties. Large crowds also gathered in the city ahead of the College Football Playoff quarterfinal at the Sugar Bowl that had been scheduled for later Wednesday at the nearby Superdome. The game was...

Sugar

SECTOR | 23 Dec 2024

Sugar production to hit by weather, export prospects dwindle: Isma

Business Standard

The production could fall to around 27 million metric tons from the last year's 32 million tons and below annual consumption of more than 29 million tons, said India head of a global trade house

Sugar

SECTOR | 19 Dec 2024

Govt to focus on ethanol needs before considering sugar exports: Food secy

Business Standard

ISMA has urged the government to permit sugar exports immediately, citing favourable global market conditions

Decision on sugar export depends on actual surplus, says Food Secretary Chopra

Business Line | 19 Dec 2024

Sugar

SECTOR | 18 Dec 2024

Sugar raw material prices rose faster than final product in last 5 years

Business Standard

Also, a report by Infomerics Ratings showed that in the last five financial years WPI rose by 24.3 per cent over the past 5 years

Sugar

SECTOR | 18 Dec 2024

Sugar mills pay Rs 8,126 cr to farmers in first 70 days of season

Business Standard

Sugar mills have paid Rs 8,126 crore to sugarcane farmers in the first 70 days of the ongoing 2024-25 sugar season, Food Minister Pralhad Joshi told Parliament on Wednesday. As of December 13, the total cane price payable stood at Rs 11,141 crore, Joshi said in a written reply to the Lok Sabha. Pending payments of Rs 3,015 crore remain, with Karnataka accounting for the maximum outstanding dues of Rs 1,405 crore, followed by Uttar Pradesh and Maharashtra. The sugar season in India runs from October to September. Joshi attributed the reduction in sugarcane arrears to ongoing policy interventions. In the previous 2023-24 season, out of total cane dues of Rs 1,11,674 crore, approximately Rs 1,10,399 crore has been paid, leaving only Rs 1,275 crore outstanding as of December 13 - effectively clearing 99 per cent of the dues.

Sugar output down 17% on late start of factories in some states: ISMA

Business Line | 17 Dec 2024 2 more

Sugar

SECTOR | 17 Dec 2024

Monster, Red Bull on the Run With Energy Drinks Going Sugar-Free

livemint

Once synonymous with the energy drink industry, Red Bull GmbH and Monster Beverage Corp. are losing market share in an industrywide shift toward health and wellness, where their high-octane, sugared beverages are losing appeal.

Sugar

SECTOR | 13 Dec 2024

Rs 35K cr subsidies needed to meet 2030-31 ethanol blending target

Business Standard

ISMA has also called for reducing the GST on flex-fuel vehicles to 5 per cent and differential pricing on ethanol

ISMA moots subsidy to create additional 770 cr litres of ethanol capacity

Business Line | 13 Dec 2024

Sugar

SECTOR | 13 Dec 2024

Nestle Baby Products Compliant With Added-Sugar Provisions: Health Minister

NDTV Profit

The FSSAI had taken suo motu cognizance of concerns raised by a Swiss investigative agency regarding the added sugar-content in a wheat-based baby product.

Sugar

SECTOR | 10 Dec 2024

Zydus Wellness taps Malaika Arora for Sugar Free Green campaign

Business Line

The collaboration aims to leverage Arora's fitness-focused image to highlight the brand's natural, calorie-free alternative to sugar

Sugar

SECTOR | 05 Dec 2024

Cane production hit by pests, may reduce availability for sugar

Business Line

Sugarcane production in top States may drop due to pest attacks, impacting sugar availability and ethanol diversion.