Reuters: Money News: Govt raises import duty on sugar to 15 pct: sources

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Reuters: Money News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Govt raises import duty on sugar to 15 pct: sources Jul 5th 2013, 03:52 MUMBAI (Reuters) - India, the world's biggest sugar consumer, has decided to raise the import duty on the sweetener to 15 percent from 10 percent currently, to discourage overseas buying amid a drop in local prices due to ample supplies, two government sources said.

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