Sugar stocks have been rising for the past few days as sugar production fell 3% amid increased demand in the summer season. Due to unseasonal rainfall in some parts of India, production has dropped and many mills that keep crushing sugarcane by June or July, until the monsoon arrives, have wrapped up operations early, according […]
India will not bend over backwards to get included in the global bond indices, a top finance ministry official said on Saturday. Deploying a sartorial analogy, Finance Secretary TV Somanathan said the indices are an exclusive club or gymkhana, which insists on entry only for those wearing ties. He said there are both positives and […]