Indian sugar production is poised for a record-breaking year thanks to increased cane cultivation driven by abundant water and poor returns from other crops. This surge is expected to allow India to resume sugar exports in 2025/26, potentially impacting global sugar prices by increasing supply amidst anticipated shortages from Brazil.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South