An Indian company has signed a deal to export 50,000 tn of raw sugar to Iran, the first such deal with the West Asian country in over a year, industry sources said. The government has cleared projects worth 120 bln rupees under the ambitious 1-trlnrupee National Agriculture Financing Facility, a senior government official said. The Reserve Bank of India has plenty of instruments to handle external shocks without tightening the domestic policy and must respond to developments in the local economic cycle rather than global triggers, Monetary Policy Committee member Ashima Goyal said .
NCDEX Live © 2022 All Rights Reserved
NcdexLive.org is for Stock / Commodity Market Information purposes only and is not associated with Ncdex India