The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September). India exported around 110 lakh tonnes of sugar — an all-time high — in the previous year. In the current marketing year so far, the mills have dispatched 30 lakh tonnes of sugar for exports and out of that 18 lakh tonnes have already been shipped.
US stocks: US market falls as higher oil prices, Treasury yields weigh
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential