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IndiaTimes of India ·

Sugar prices drop 18% to Rs 55/kg after record high amid govt crackdown

Sugar prices have fallen 18% from record highs, with ex-mill rates declining to Rs 55 per kilogram. The government stepped in with measures targeting hoarding and speculation, which helped stabilize the market. Further price cuts are expected in the near term, according to reports. Despite forecasts of lower domestic sugar production this season, current inventory levels are considered sufficient. Consumers, however, continue to push for more meaningful reductions at both wholesale and retail levels.

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IndiaTimes of India ·

Armed gang raid in Kenscoff kills at least 47, wounds 22 near Haiti capital

An armed group attack in Kenscoff, a strategically located area overlooking routes to Haiti's capital Port-au-Prince, left at least 47 people dead and 22 others injured. The assault is part of ongoing gang violence that has plagued the region, forcing many residents to abandon their homes. Kenscoff's elevated position makes it a significant flashpoint in Haiti's broader security crisis. In the wake of the attack, the Haitian government pledged to strengthen security measures and restore order in the affected area.

Rain deficit hits over one-third of India, including half of Assam’s districts · ShortSingh