The Cabinet Committee on Economic Affairs (CCEA) has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2022-23 (October – September). It has approved highest ever FRP of Rs 305 per quintal for sugarcane farmers. The FRP for sugar season 2022-23 is 2.6% higher than current sugar season 2021-22. FRP of sugarcane is fixed to ensure a guaranteed price to sugarcane growers. The […]
PI Industries rose 2.82% to Rs 3,112.70 after the companys consolidated net profit surged 40.2% to Rs 262.40 crore on 29.3% jump in net sales to Rs 1,543.20 crore in Q1 FY23 over Q1 FY22.
Air India envisages ordering over 300 planes, even as it sells old aircraft.
WTI Crude oil futures slipped near a six month low after OPEC+ decided o raise its oil output goal by 100,000 barrels per day, a latest update from the producing group stated. The increase is equivalent to 0.1% of global demand. The Energy Information Administration reported a build in crude oil inventories of 4.5 million barrels for the week to July 29. This compared with […]
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