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  • Sugar prod up 33% at 7.61 lakh tonnes so far this season

    India is all set to produce surplus sugar for the sixth straight year at 26-27 million tonnes in 2015-16. To liquidate surplus stock, the Centre has made it mandatory for millers to export 4 million tonnes in the current season.

  • Govt hikes rabi pulses MSP by Rs 250/qtl;wheat by Rs 75/qtl

    Apart from raising the minimum support price (MSP) of pulses, the Cabinet Committee on Economic Affairs (CCEA) approved a bonus of Rs 75 per quintal for gram and masoor dals over and above the support price.

  • No exposure to Jharkhand, Bihar SEBs: Allahabad Bank

    Shubhalakshmi Panse of Allahabad Bank says the bank does not have any term loan exposure to Jharkhand and Bihar. And while the bank has a very small exposure of Rs 28.08 crore to Andhra Pradesh, it is a performing asset and a very recent loan of a small quantum.

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