A bond fund manager who correctly predicted that India’s central bank would introduce a US Federal Reserve style Operation Twist, now says that the nation needs more foreign capital to fund its record borrowing.
India’s top court has refused to suspend the implementation of a new controversial citizenship law that is widely considered anti-Muslim, saying a constitutional bench of five judges should hear the petitions and rule on the matter.
Thousands of tons of refined palm oil are delayed or stuck at various Indian ports after the world's biggest edible oil buyer placed restrictions on imports amid a diplomatic row with key supplier Malaysia.
India's imports of Middle Eastern oil plunged to a four-year low in 2019, tanker data obtained from sources showed, as the energy-hungry nation diversifies its supplies to cut costs and help shield itself from geopolitical tensions.
India will create at least 1.6 million fewer formal jobs across government and low-paying sectors, State Bank of India estimates, a segment that typically absorbs some of the millions of youth entering the world’s biggest workforce each year.