Robust exports help UP sugar mills fetch 10% premium in export quota sale https://ift.tt/1Ugxc2S 2022-23 sugar export policy announced this month allows a sugar mill to swap its export quota with the domestic sales quota of another sugar mill. Trade insiders said that though some exporters have purchased the export quota, others want the government to clarify if the policy allows for trading of the export quota.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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