Eleven Indian regional political parties that formed an alliance nine days ago to contest elections next month showed signs of falling apart, boosting stocks on speculation the main opposition party will benefit.
An Indian rule requiring wind farms to predict output or face fines has been temporarily suspended as the regulator reconsiders the best way to ensure stability of the grid, which suffered the world’s biggest outage in 2012.
The pioneer of political opinion polls in India says he has good reason not to trust them: he has been asked to rig them on more than 10 occasions over the past two decades in return for envelopes of cash.
America’s $93 billion pipeline of generic pharmaceuticals often starts in places like Toansa, a village in northern India where a drug-making facility rises up beside mustard fields and manure-flecked ox-cart tracks.
India’s current-account deficit narrowed to a fresh four-year low as gold imports cooled, offering a potential boost for the rupee even as economists said the gap may widen again if the economy improves.