The Uttar Pradesh government is thinking to link cane prices to sugar prices, but the sugar industry maintains its stance that crushing will not be possible until the government adopts the Rangarajan Committee's recommendations.
Amidst all the gloom and doom, consumers get some good news as the fuel bill is unlikely to rise as of now. The Oil Ministry indicated that there will be no hike in fuel prices at least in the near future, reports CNBC-TV18’s Siddharth Zarabi.