Fitch’s top sovereign analyst warned that a significant erosion of the Federal Reserve’s independence would negatively impact the US credit rating. The primary concern is any indication that the dollar’s global reserve currency status could diminish, following an investigation into Fed Chair Jerome Powell.
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