The U.S. Federal Reserve is planning major changes to annual bank stress tests. Banks may be allowed to comment on the models and scenarios used. This follows recent court rulings affecting administrative law. These changes could reduce annual volatility in capital requirements. Industry groups have welcomed the move as a step towards transparency and accountability.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20