Imported sugar to get cheaper in south India
In Tamil Nadu, sugar is priced Rs 1.50-2 a kg more than that in Maharashtra due to supply shortage With domestic sugar prices in the wholesale market quoted at around Rs 39 a kg, imported sugar continues to remain cost-effective in southern states even with a 25 per cent duty. In Tamil Nadu, sugar is priced Rs 1.50-2 a kg more than that in Maharashtra due to supply shortage. The southern state faces huge...
New India Assurance tops in claims settlement ratio
According to a report prepared by the Insurance Brokers Association of India (IBAI), the settlement efficiency is not skewed towards any particular segment of the industry. Each of the three segments — public, large private and small private — have leaders and laggards. The IBAI has published a handbook measuring efficiency parameters for non-life companies as of September 2016 to enable customers to take informed decisions while choosing companies....
‘Sugar production likely to go up by 24% this year’
India's sugar production is estimated to go up by almost 24 per cent to 25.1 million tonnes in sugar year 2017-18 Thursday. ...
Govt allows southern mills to import 3 lakh tonnes raw sugar
The government on Thursday allowed the import of 3,00,000 tonnes of raw sugar to tide over the shortage of the sweetener in the South Indian States....