Jayanth Rama Varma, a member of the Reserve Bank of India’s monetary policy committee, has criticised the bank’s lack of transparency and its confusing stance on policy. Varma has called for the committee to be transparent with the public about its intentions in a clear manner. He claims the bank is still using coded language instead of plain, transparent language. The committee has stated it plans to monitor its “withdrawing from its pandemic period accommodation” approach in the face of posed inflationary risks from the weather and geopolitical disruptions.
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
August 28, 2026