Decontrol

In an interview to CNBC-Tv18. Vivek Saraogi, MD of Balrampur Chini said that even at this price oil companies will make money and since the price is higher than what companies were getting last year, it is a win-win situation for both parties.

Govt wants to play sugar daddy for 2 years: Is this reform?

Anyone who labels a decision to double the subsidy bill as reform ought to have his head examined. However, the cabinet decision to “free” sugar pricing has been dubbed a reform by an ecstatic pink press even though the resultant subsidy burden rises from Rs 2,600 crore to Rs 5,300 crore.

Need to see how government recovers subsidy: Rangarajan

C Rangarajan, chairman, PMEAC, believes the government will now have to decide how it intends to compensate the subsidy burden it will face after the sugar sector decontrol.

Check out: 6 sugar stocks that will make a sweet Friday

SP Tulsian picks, in an interview to CNBC-TV18, sugar stocks Balrampur Chini, Bajaj Hindusthan, Renuka Sugars, Sakthi Sugars, Triveni Engineering and Dhampur Sugar to be the most likely beneficiaries of this move to reduce government control.

Govt partially decontrols sugar; to double subsidy costs

The government today gave sugar mills freedom to sell in the open market and unshackled them from the obligation of supplying the sweetener at subsidised rates for ration shop- a decision that will help the industry save about Rs 3,000 crore annually.

CCEA decontrols sugar; companies to save Rs 3,000cr

The Cabinet Committee on Economic Affairs cleared partial de-control of sugar by abolishing the requirement for private sugar mills to sell a specified amount of sugar to the government at concessional rates.

Government lifts some curbs on sugar sector: source

India has lifted some curbs on sales in the tightly regulated sugar sector, a government source said on Thursday, in a move aimed at stabilising production in the world's biggest consumer of the sweetener.

Government decontrols sugar: 7 things you need to know

Cabinet Committee on Economic Affairs (CCEA) on Thursday finally decided to decontrol sugar with certain riders.

Govt to decide on sugar decontrol before Budget: Thomas

The Centre will take a decision on giving freedom to the Rs 80,000 crore sugar industry to sell the sweetener in open market before Budget, Food Minister K V Thomas said today.

Sugar tasted sweeter this year; industry sees decontrol

Sugar tasted sweeter this year for the Rs 80,000 crore industry which saw bumper production, higher exports and signs of freedom from government control, but consumers had to pay Rs 10 per kg more for the commodity through the year.

Sugar Decontrol: Govt may okay only scraping levy quota, says Tulsian

An expert panel, headed by PMEAC chairman C Rangarajan, has suggested giving freedom to millers to sell sugar in the open market among other recommendations. It has also recommended scrapping state-declared cane prices.

Sugar stocks make sweet gains post Rangarajan report

Rangarajan panel has come out with sugar decontrol report. The panel has recommended revenue sharing mechanism where the ratio of sugar cane producers to sugar mills will be 70:30.

Diesel could be deregulated

The government on Tuesday said it has agreed in principle to deregulate diesel prices, but is not considering similar proposal for the cooking gas.

Rangarajan pitches for decontrol of diesel prices

The Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today favoured decontrolling of diesel prices, saying retail petroleum prices must reflect the international crude prices.

Sugar export allowance a step in right direction: Shree Renuka

Narendra Murkumbi, MD, Shree Renuka Sugars, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, shared his views on the allowance of sugar export as a positive by the government for the domestic sentiments.