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Government ups price, quota of levy sugar
Sugar prices, already at record highs, are set to rise further. The food ministry has decided to raise the levy price at which it buys sugar from mills to supply the public distribution system (PDS) by 50 per cent in Maharashtra and 63 per cent in Uttar Pradesh (UP) for the new sugar season starting next month. The two states account for 55 per cent of India’s sugar output. Prices have also been revised for other sugar purchasing states.

Jaiprakash Power Ventures appoints Sunil Kumar as VC, CEO
Jaiprakash Power Ventures today said it has appointed Sunil Kumar Sharma as Vice-Chairman and Chief Executive Officer of the company.

News of the day

Sunil Jain: How rich are India's poor?
- Many poverties - How many mouths to feed? - High inflation numbers derail Dalal Street - Sunil Jain: And now, quotas for Muslims">Sunil Jain: And now, quotas for Muslims - New rule raises number of poor by 100 million - "Over 27% were living below poverty line in 04-05"
Business Opportunities

Sensex trading firm; Reliance up 2%

The Sensex has soared to a high of 17,270 and is now moving strong at 17,259, up 127 points. The NSE Nifty is at 5,127, up 37 points. The BSE Oil and gas index has soared around 2% to 10,538. PSU,metal and FMCG indices are up over 1% each.


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