Day: March 21, 2024

Enough sugar stocks to meet festive demand: Food SecretaryEnough sugar stocks to meet festive demand: Food Secretary

Allaying fears of a spike in sugar prices, the government on Thursday said that there are “ample and sufficient stocks” of the sweetener to meet the domestic demand in the next season (2023-24) beginning October, but hinted at ban on exports during the period. “The crushing of sugarcane will commence from next month.. there will […]

FIIs continue withdrawal from Indian market, spark concerns of extended downturnFIIs continue withdrawal from Indian market, spark concerns of extended downturn

Foreign institutional investors (FII) remained a net seller on the Septembe’s last trading session and offloaded shares worth net Rs 1,685.70 crore, on September 29, 2023, according to the provisional data available on the NSE. Meanwhile, the domestic institutional investors (DII) added shares worth net Rs 2,751.49 crore on Friday. “Persistent FII selling in emerging […]