business π¬ Sugar prices up, buying capped by big apps
Sugar prices are increasing as quick-commerce apps and major retailers limit purchases ahead of the festive season. Zepto, Blinkit, and Swiggy Instamart are imposing quantity caps on sugar products for their customers. Offline stores like DMart and Reliance are also capping sales at around 2β3 kg per customer. This is happening as the government adjusts duty-free import rules to boost supply and prevent hoarding. The next few weeks will show if these government and retail measures ease price pressure for consumers. π