← Top stories
Policy● Neutral for Indian equities
India cuts sugar stock holding period for dealers to 15 days to curb hoarding ahead of festivals
The brief
- From October 15, dealers may hold sugar stocks for 15 days, capped at 1,000 quintals nationwide
- The measure aims to curb hoarding ahead of festivals
- Sugar and ethanol producers face tighter inventory controls ahead of festivals
- Automakers welcome CAFE-III rules; Citi favours Maruti, M&M and Hyundai
- 3X credits for range-extender EVs, ethanol benefits for hybrids: CAFE-III expands compliance options
- El Nino To Hit Pulses, Sugarcane, Oilseeds; Not A Food Security Risk Yet, Says Expert