Tag: Forex reserves
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10 Kenyan firms granted permission to import 208,600 tonnes of sugar
In an effort to support the country’s manufacturing sector, the Kenyan government has permitted ten companies to import a total of 208,600 tonnes of...
MIT researchers develop hydrogen using sugarcane juice, hold transformative potential for sugar industry
Researchers at MIT-WPU have devised an innovative method to produce hydrogen using sugarcane juice and microorganisms, offering a sustainable solution that also transforms CO₂...
IMF cuts India’s growth forecast for FY26 to 6.2%
New Delhi : The International Monetary Fund (IMF) on Tuesday lowered India's growth projection for the fiscal year 2025-26 to 6.2 per cent.
This reflects...
India and US finalised terms of reference for trade negotiations: US Vice President
New Delhi : India and the US have finalised terms of reference for the ongoing negotiations for completing a bilateral trade agreement between the...
Indian stock markets open higher, Nifty above 24,250 on positive global cues
Mumbai: Indian stock markets on Wednesday opened higher, driven by the optimism around the potential India-US trade bilateral deal, continued foreign investment and positive...
Morning Market Update – 23/04/2025
Yesterday’s closing dated – 22/04/2025
◾London White Sugar #5 (SWQ25) – 505.80s (+6.90)
◾NYBOT Raw Sugar #11 (SBK25) – 17.99s (+0.18)
◾USD/BRL- 5.7285 (-0.0782)
◾USD/INR – ₹85.429 (+0.049)
◾Corn...
Farmers oppose transfer of Kovur sugar factory land to APIIC
Nellore: The state government’s decision to hand over the land of the long-closed Kovur Cooperative Sugar Factory to the Andhra Pradesh Industrial Infrastructure Corporation...