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Business News: India signs deals to export 1.2 million tonnes of sugar in new season

India signs deals to export 1.2 million tonnes of sugar in new season : Rashtra News Indian mills have signed contracts to export 1.2 million tonnes of sugar in the 2021/2022 marketing year that starts from Oct. 1 as a rally in global prices has made exports feasible without government subsidies, two leading trade bodies

India , Brazil , Thailand , Praful-vithalani , India-sugar-trade-association , Indian-sugar-mills-association , All-india-sugar-trade-association , Business , Deals , Export , Isma , Million

ISMA appoints Deepak Ballani as the new Director General

"With over 25 years of extensive experience in public policy, government affairs, and organizational management, Ballani assumes this pivotal role with a wealth of expertise," said ISMA, in a media release.

India , Lucknow , Uttar-pradesh , M-prabhakar-rao , Deepak-ballani , Indian-sugar-manufacturers-association , India-plastics-manufacturers-association , Offering-college , Indian-school-of-business , Indian-sugar , Bio-energy-manufacturers-association , Corporate-journey

sugar mills: Increase in FRP to moderate profitability of sugar mills from Maharashtra, Karnataka, says ICRA

The central government's nearly 7.7% increase in the fair and remunerative price (FRP) of sugarcane is anticipated to impact the profitability of sugar mills negatively, according to credit rating agency ICRA. However, the sugar industry expects the hike in sugarcane prices to enhance competitiveness against crops like maize and rice.

Karnataka , India , Girishkumar-kadam , Indian-sugar-mills-association , Commission-of-agricultural , Group-head , Costs-prices , Senior-vice-president , Sugar-year , Sugar-mills , Icra , Maharashtra

Sugar output falls 2.48% to 22.36 million tonnes till February 15 of this marketing year: ISMA

Sugar production stood at 22.93 million tonnes in the year-ago period. Sugar marketing year runs from October to September.

Karnataka , India , Tamil-nadu , Uttar-pradesh , Indian-sugar-mills-association , Economy , Sugar , Isma ,

Bipartisan Senate Bill Requires HHS to Bolster Cyber Efforts

A new bipartisan Senate bill would require the U.S. Department of Health and Human Services to biennially conduct cybersecurity reviews and tests on its IT systems

United-states , Michigan , American , Angus-king , Maggie-hassan , Mark-warner , Josh-hawley , Marco-rubio , Gary-peters , Rubio-king , John-cornyn , Bill-cassidy

Gross sugar output may fall 10 pc to 330.5 lakh tonnes in 2023-24 marketing year ending Sep: ISMA

India's sugar production, without ethanol diversion, is estimated to decline 10% to 330.5 lakh tonnes in the current marketing year. Maharashtra and Karnataka are likely to see lower output. The gross production in Maharashtra is estimated to fall to 99.9 lakh tonnes, while in Karnataka it may dip to 49.7 lakh tonnes. In Uttar Pradesh, the gross output is seen increasing marginally. The government has allowed sugar diversion of only 17 lakh tonnes for ethanol production. This could result in a net sugar production of around 313.5 lakh tonnes.

New-delhi , Delhi , India , Karnataka , Uttar-pradesh , Indian-sugar-mill-association , Sugar-mill-association , Ethanol-supply-year , Sugar-production , Isma , Ethanol

ISMA new President: Mandava Prabhakar Rao takes over as the new president of ISMA

Mandava Prabhakar Rao has been appointed as the President of the Indian Sugar & Bio-energy Manufacturers Association (ISMA) from Aditya Jhunjhunwala. The association has announced its rebranding to ISMA, aiming to address the growing importance of bio-energy in India's energy transition. The move aims to enhance sugarcane yield and area sustainably, meeting the growing demand for sugar, ethanol, and by-products.

India , Uttar-pradesh , Hyderabad , Andhra-pradesh , Telangana , New-delhi , Delhi , Karnataka , Dhampur , Mandava-prabhakar-rao , Aditya-jhunjhunwala , M-prabhakar-rao

ethanol: Ban on use of sugarcane for ethanol lifted; some relief for sugar cos but far less than the capacities that are created: ISMA president

“Govt allowing one-third of capacity that is allocated, probably this will be met within a few days. It will be done before January and even before that, depending on capacities of various units. Some of them may reach it in the first week of January, some by the second week of January. After that, based on the actual data, the government may allocate some more quantity.”

Lucknow , Uttar-pradesh , India , Prabhakar-rao , Indian-school-of-business , Offering-college , Leadership-excellence , Marketing-officer , Operations-officer , Ethanol , Sugarcane , Isma

Sugar output down 11% at 74 lakh ton during October 1-December 15 of 2023-24 marketing year

In a statement, the Indian Sugar Mills Association (ISMA) said that the sugar production till December 15 in the current 2023-24 marketing year reached 74.05 lakh tonnes against 82.95 lakh tonnes in the corresponding period of the previous year.

Karnataka , India , Uttar-pradesh , Indian-sugar-mills-association , Sugar-output , India-sugar-output , Sugar , Sugar-prices , Isma , Sugar-marketing-year ,