ethanol

Betting on Bio-fuel – rewarding for investors and producers

Betting on Bio-fuel – rewarding for investors and producers
In a bid to substitute use of greenhouse gas-emitting fossil fuels, biofuels or fuel processed from plants is catching attention of producers as well as investors. There are two kinds of biofuel – ethanol, processed from sugarcane or corn, and biodiesel, made from biomass.

Sugar sector may get some respite

Sugar sector may get some respite
After bearing losses due to low realisations and over production, the Government is proposing to offer some relief to the sugar companies. In a positive move, it would allow sugar companies to retain the excise duty payable for 3 years, and to be shown as tax liability on balance sheet.

Will sugar sector regain its sweetness?

Will sugar sector regain its sweetness?
Indian sugar sector is facing a bitter pill putting pressure on sugar producing companies, evident from their recent quarterly numbers. There are variety of reasons for this. In India, sugar is an essential commodity, having 4% weightage in the WPI Index.