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By Afra Abubacker Faced with forecasts of surplus sugar production and shrinking domestic consumption, India's sugar sector is pinning its future on securing new avenues for ethanol. At the two-day India Sugar and Bio-Energy Conference in the national capital last week, policymakers and industry experts signalled an urgency to expand ethanol usage for blending in petrol, sustainable aviation fuel, and diesel. They are also counting on exports to offload surplus sugar in the global market. Read more
Wholesale sales of automobiles in August were mainly led by a year-on-year growth in the two-wheeler segment, even as companies held back despatches of passenger vehicles ahead of the new goods and services tax regime, which will come into effect on Sept. 22, data from the Society of Indian Automobile Manufacturers showed Monday. Read more
Wholesale prices in India rose on a year-on-year basis for the first time in three months in August, led by an increase in food prices. Data released by the commerce ministry Monday showed WPI inflation rose to a four-month high of 0.52% in August from (-)0.58% in July, which was a two-year low. Read more
By Rajesh GajraThe brownfield capacity expansion of 9,000 tonnes per year under implementation by value-added aluminium products manufacturer Century Extrusions Ltd. is "most likely" to be completed in the December quarter, Chairman and Managing Director Shivanshu Jhunjhunwala told Informist in an exclusive interaction. The company's target is to commission the expansion project in the December quarter, barring any operational or trial-related issues given the highly-technical nature of the new specialised manufacturing equipment, he said. Read more
The Supreme Court Monday stayed some key provisions of the Waqf (Amendment) Act, 2025, regarding creation of a waqf and decision by a district collector on waqf property's encroachment. A bench, led by Chief Justice of India B.R. Gavai, however, refused to stay the entire provisions of the 2025 Act. "We have considered a prima facie challenge to each of the sections. We have found that no case was made out to stay entire provisions of statute. However some sections need some protection," said the bench, also comprising Justice Augustine George Masih. Read more
US President Donald Trump Saturday urged members of the North Atlantic Treaty Organization to stop buying crude oil from Russia and impose 50-100% tariffs on China in order to put pressure on Russia to end its war with Ukraine. Read more
In his first visit to Manipur since a series of ethnic clashes erupted in the state two years ago, Prime Minister Narendra Modi Saturday said the Centre is looking to make the state a symbol of peace. He also laid foundation stones for projects worth over INR 73 billion from Churachandpur, one of the towns where the violence took place. Read more
By Shubham RanaRetail inflation may have risen from a month ago for the first time in 10 months in August, but the current food price trajectory, base effect, and the cut in goods and services tax rates are likely to keep price increases in check going ahead, economists said. In fact, inflation is likely to fall again in the next couple of months, providing some space to the Reserve Bank of India's Monetary Policy Committee to lower interest rates further, they said. Read more
The automobile components industry is looking to deepen its relationship with businesses in the European Union to increase opportunities as India reels under the 50% tariff imposed by the US on goods imported from the country, members of the Automotive Component Manufacturers Association told reporters at a press conference Friday. The automotive lobby group said India has to continue to build on its free trade agreement plans, which will make the industry more competitive at the global level. Read more
By Pallavi Singhal and Anand JCA study on the compatibility and extent for blending isobutanol with diesel for vehicles is likely to take up to 18 months to conclude, Automotive Research Association of India's Director Reji Mathai told Informist on the sidelines of the India Sugar & Bio-energy Conference on Friday. Read more
