Janet Mills

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Global Markets & Equities 05 Oct 2026, 10:42 PM IST

Heating Bills Surge as Oil Crisis Pushes Winter Costs Higher for Millions

Home heating costs are climbing sharply across the United States as the oil market tightens and winter demand rises, leaving millions of households facing what consumers describe as sticker shock. The strain is particularly acute for families that rely on heating oil, where prices have jumped enough to outpace assistance programs and raise fresh concerns about affordability, energy security and winter hardship.

By RDU Global Wire5 min read

National Governance & PolicyRecently

Pralhad Joshi to Meet Sugarcane Farmers on October 12 as Centre Faces Pricing Pressure

Union Minister Pralhad Joshi is scheduled to meet sugarcane farmers on October 12, a development that comes amid renewed pressure on the Centre over cane pricing, arrears and industry distress. The meeting is expected to give farmers a direct channel to press their demands as the government navigates a politically sensitive rural issue with implications for sugar mills, state finances and the wider farm economy.

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National Governance & PolicyRecently

Government Caps Sugar Stocks at 1,000 Quintals for Dealers Ahead of Festive Demand

The Food Ministry has tightened sugar stockholding norms for dealers, capping inventories at 1,000 quintals as the country heads into the festive season. Officials said the amended rules are designed to prevent unnecessary accumulation in the distribution chain and keep supplies moving smoothly from mills to consumers.

4 min readRead →

National Governance & PolicyRecently

Government Caps Sugar Stocks at 1,000 Quintals for Dealers Ahead of Festive Demand

India’s Food Ministry has tightened sugar stock limits for dealers to 1,000 quintals, a move aimed at preventing speculative accumulation and keeping supplies steady as the festive season approaches. The amended rules are designed to ensure sugar moves smoothly from mills through the distribution chain to consumers, reducing the risk of artificial scarcity or price pressure.

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World Politics & DiplomacyRecently

Two Killed, Two Hurt After Vehicle Hits Pedestrians Outside British Columbia Mall

Police in British Columbia say a driver struck four pedestrians outside Tsawwassen Mills mall, killing two people and injuring two others in an incident that unfolded during a First Nations event. Authorities have not yet said whether the crash was intentional, and the investigation remains active. The victims were identified by local media as elders from the Tsawwassen First Nation, deepening the tragedy’s impact on the community.

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Macro Economy & Fiscal PolicyRecently

Centre Allocates 14 Lakh Tonnes of Sugar for Early-October Sales Ahead of Dussehra

The Centre has allocated 14 lakh tonnes of sugar for sale during October 1-15, moving to ensure adequate market supply ahead of the Dussehra festive period. Mills in Karnataka, Maharashtra and Uttar Pradesh account for 10.77 lakh tonnes, or 83% of the country’s total allocation, underscoring the central role of these three producing states in India’s sugar balance.

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Macro Economy & Fiscal PolicyRecently

Easing Global Prices, Rising Arrivals and Weak Demand Set to Pressure Indian Cotton

Indian cotton prices are likely to remain under pressure as softer global benchmarks, higher market arrivals and subdued demand from mills weigh on sentiment. The outlook is further complicated by expectations of a smaller crop, with lower acreage and deficient rainfall threatening fibre output in key growing regions.

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Yahoo Finance(1)United States(1)Susan Collins(1)LIHEAP(1)