Rupee rises 5 paise to close at 90.67 against US dollar

Mumbai, Feb 18 (PTI) The rupee rose 5 paise to close at 90.67 (provisional) against the US dollar on Wednesday driven by inflow of foreign funds and positive domestic equity markets. However, higher global crude oil prices and a strengthening greenback capped

India sugar output seen lower than forecast, curbing exports

KOLHAPUR, India, Feb 18 (Reuters) – India is likely to produce less sugar than initially estimated, as excessive rainfall across major producing states is resulting in lower cane yields, farmers and trade officials told Reuters, capping exports from the world’s second-largest producer.

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