The rapid formalisation of the economy is widely believed to have a short-term adverse effect on small industries and unorganised trade, which account for a pretty large part of India’s industrial output and income generation. But this has made banking services accessible to large segments of the micro, small and medium enterprises (MSMEs), and would […]
Sugar extended gains to a fresh six-year high in New York as prospects for limited Indian exports added to worries about tight global supplies. Raw sugar has rallied 5% this week on concerns about slower production in India and lackluster supplies from other countries including Pakistan and Thailand. Prices also have been supported by the […]
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