Sugar mills in Maharashtra and Karnataka are preparing for a battle to secure as much sugarcane as possible. Karnataka has set an official date to begin sugar production and will take legal action against mills that do not comply. Meanwhile, the sugar industry in Maharashtra is divided over the best time to start production in order to maximize the chances of obtaining a larger share of the reduced supply of raw material. This situation is causing concern among officials.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to