India leads in consumer confidence and other Top Economy News

Sugar mills are prioritising exports of low-quality white sugar, signalling that the world's second biggest producer is unlikely to emerge as a major raws exporter this season.

To mobilise overseas fund flows in Indian capital markets, a delegation of the US India Business Council (USIBC) will meet government officials this week to suggest streamlining procedures for foreign investors as well as increase their investment limits in listed companies.

Sugar mills are prioritising exports of low-quality white sugar, signalling that the world's second biggest producer is unlikely to emerge as a major raws exporter this season. 

Commerce Ministry has proposed cutting the import duty on gold to 2% from 10%, according to a government note, but a Finance Ministry official said it was unlikely to go through.

India continued to lead the global consumer confidence index in the third quarter with 131 points same as the previous quarter.