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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.
Sugar production stood at 22.93 million tonnes in the year-ago period. Sugar marketing year runs from October to September.
Standard Mercantile Acquisition Corp. (TSE:SMA – Get Free Report) (NYSE:SMT) dropped 3.8% during trading on Monday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 123,500 shares were traded during mid-day trading, an increase of 667% from the average daily volume of 16,109 shares. The stock had previously closed at […]
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
UH Institute for Astronomy astronomer Jonathan Williams co-authored research that provides essential insights into the behavior of young stars.