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Under the new relaxation, any stock held beyond the existing 15-day limit must be sourced exclusively from sugar imported under the Advance Authorisation Scheme (AAS) or Tariff Rate Quota (TRQ).

With sugarcane being diverted towards ethanol production and as sugar prices climb, restaurants and dessert makers in city are keeping a closer eye on supplies and costs

A juice shop in Chetpet has put up a notice citing the sugar price rise as the reason for a temporary Rs 5 increase per juice serving.

Festive-season sugar demand is expected to rise, while the lower stock limit could help bring down domestic sugar prices.

All-India average retail price rises to Rs 64.24/kg, up 30% in a month and 38.63% from last year.

Chhattisgarh Pradesh Congress Committee chief Deepak Baij alleged that the government knew about the expected increase in sugar prices three to four months in advance but failed to take timely steps t ...