Global Market Insights: Diamond Demand Rises as Sugarcane Quotas Are Adjusted
Indian industries are showing varied momentum, with diamond jewellery demand gaining traction while government intervention ensures domestic supply in the sugar sector. Simultaneously, agricultural commodity forecasts and AI-driven farming initiatives mark major updates across India's primary sectors.Sugar Sector Focus: Government Curbs Cane Juice Diversion
The Food Ministry has released the August sugar sales quota, allocating 22.5 lakh tonnes for the month, maintaining the level of the previous year. This move is seen as an effort to check any further price increases in the market.However, due to depleting domestic stock and limited options to augment...