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Govt to decide on waiving sugar export-obligation
The food and commerce ministries are at loggerheads over exempting sugar mills from export- obligation and the Cabinet will now decide whether or not the obligation can be waived beyond December 31, official sources said.

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When stock markets go up sharply, risk-averse investors start feeling the jitters. There is always an apprehension that a correction is just round the corner. For investors who get ulcers with every sharp rise and fall, balanced funds are a good option.

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Mercedes Benz launches E-Class
Mercedes-Benz has launched its ninth-generation iconic sedan E-class, which has a number of technical innovations, in Mumbai.
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Ambuja Cements Oct production at 15 lakh tonnes

Cement-maker, Ambuja Cements, today said that its cement production in October stood at 14.98 lakh tonnes as against 14.51 lakh tonnes in the year-ago period. - Core sector growth in September dips to 4% - RIL stock sinks 4% on dry gas well - Rice output to slump by 16 mn tonnes: FM - Karnataka sugar output may rise 12% - Demand for cement falls in export market - K Sera Sera Q2 net jumps two-fold to Rs 39.5 cr Its despatches in October stood at 14.64 lakh tonnes as against 14.21 lakh tonnes in the year-ago period, a release issued here said. For the period January-October, production stood at 155.88 lakh tonnes as against 146.53 lakh tonnes, while despatches were 155.54 lakh tonnes as against 146.15 lakh tonnes, the release said.


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