Several sugar firms have approached various courts seeking a stay on the Centre’s December 7 order prohibiting mills from producing ethanol from sugarcane juice in the 2023-24 season. In the absence of a caveat, the courts can pass a stay order without hearing the government, explained the official cited above. The Centre issued the ban to keep a check on rising sugar prices in the domestic market despite restrictions on exports due to lower sugarcane yield in main producer states of Maharashtra and Karnataka.
Gold lingers near one-week low ahead of US CPI data
As U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer price
September 11, 2026