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    1. Business News
    2. Authors
    3. banikinkarpattanayak

    Banikinkar Pattanayak

    Textile mills turn to Africa for cotton to beat price pinch at home

    Most of the imports are being done by mills in southern India…

    By Banikinkar Pattanayak
    February 4, 2014 05:44 IST
    Excise duty exemption ruins sugar mills? chance to benefit from Centre sop

    Sugar mills in Uttarakhand are a worried lot, as the long-enjoyed benefit of excise duty exemption has come back to…

    By Banikinkar Pattanayak
    January 31, 2014 03:04 IST
    Sugar rescue dead on arrival; finmin kills plea for easier norms

    DFS has turned down the mills? demand for relaxing some of the ?rigid? eligibility conditions.

    By Banikinkar Pattanayak
    January 30, 2014 03:59 IST
    Birla Cellulose to set up viscose plant in Turkey for $350 m

    Move aimed at gaining duty free access to Europe…

    By Banikinkar Pattanayak
    January 27, 2014 02:47 IST
    Cotton prices rise since December despite record crop; mills fear hoarding of stock

    Domestic cotton prices have risen by 8.4% in the last one month despite the peak arrival season

    By Banikinkar Pattanayak
    January 21, 2014 03:34 IST
    GoM okays incentives for export of raw sugar

    An informal group of ministers (GoM), headed by agriculture minister Sharad Pawar, on Thursday decided to provide incentives

    By Banikinkar Pattanayak
    January 17, 2014 03:38 IST
    CCEA to consider import duty hike on refined edible oil to 10% today

    Latest proposal came after increased lobbying by the industry to widen the gap between the import duties on crude and…

    By Banikinkar Pattanayak
    January 9, 2014 02:59 IST
    NCDEX to get aggressive on non-farm futures

    The National Commodity and Derivatives Exchange (NCDEX), the country?s largest farm-commodity bourse, will ramp up efforts to capture

    By Banikinkar Pattanayak
    December 10, 2013 04:09 IST
    Sugar mills pin hopes on UP govt?s ?fixed formula?

    A day after a logjam over cane crushing ended, cash-starved sugar mills in Uttar Pradesh are pinning hopes on the…

    By Banikinkar Pattanayak
    December 3, 2013 04:10 IST
    UP sugar mills want govt to go whole hog

    Say bailout would bring temporary relief; seek end to arbitrary cane price fixation, removal of curbs on molasses use

    By Banikinkar Pattanayak
    November 28, 2013 03:49 IST
    Textile export plan could unravel on currency swings

    After a marginal drop last fiscal, textile and garment exports logged a 12.5% year-on-year growth in the April-July

    By Banikinkar Pattanayak
    November 7, 2013 05:00 IST
    Tighten your belts, food inflation is here to stay for a while

    India’s food inflation has remained at elevated levels over the last four years.

    By Banikinkar Pattanayak
    October 30, 2013 03:10 IST
    Cash-strapped mills in UP ask state govt to link cane price with sugar

    Top sugar industry executives met Uttar Pradesh chief minister Akhilesh Yadav on Tuesday and urged him to link the price…

    By Banikinkar Pattanayak
    October 24, 2013 04:08 IST
    Banks make loans bitter for sugar firms in UP

    For the first time in at least 10 years, major banks have refused to extend working capital loans to sugar…

    By Banikinkar Pattanayak
    October 23, 2013 03:27 IST
    Processed food helps curb inflation as less gets wasted

    India?s average wholesale price inflation in ?food articles? was 12.24% in the first half of FY14, far higher than the…

    By Banikinkar Pattanayak
    October 17, 2013 04:28 IST
    Trading cos scrap wheat export tenders as bids trail floor rate

    State-run trading agencies have scrapped the latest tenders to export 1,60,000 tonne of wheat

    By Banikinkar Pattanayak
    October 11, 2013 02:44 IST
    Natural rubber imports triple in September

    May push foreign purchases to record 2,50,000 tonne in 2013-14 despite poor rupee run

    By Banikinkar Pattanayak
    October 8, 2013 03:00 IST
    NSEL crisis: Jignesh Shah’s indirect MCX holding may spoil govt case for stake cut

    Jignesh Shah under scanner for his role at MCX, Financial Technologies and NSEL crisis.

    By Banikinkar Pattanayak
    September 25, 2013 03:07 IST
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