Clara Mary lights an oil lamp in her one-room shack, revealing a 14-inch color television sitting on a blue plastic chair that she hasn’t been able to turn on since the Tamil Nadu government gave it to her three years ago.
Christopher Fonseca is decked out in his signature military-green uniform, his back to a giant poster of childhood hero Che Guevara as he fields questions from angry mine workers in his cluttered office.
The monsoon in India, which provides more than 70 percent of annual rainfall, will be normal this year amid forecasts for the emergence of an El Nino that previously caused droughts, government officials said.
India’s top court today allowed iron ore miners to resume operations in Goa state after imposing a ban 18 months ago for environmental violations. Goa accounted for about half of the nation’s exports before the halt.
Reliance Industries Ltd., operator of the world’s biggest oil refinery complex, reported its highest quarterly profit in more than two years as a decline in the value of the rupee boosted export earnings.
India, the world’s second-largest gold consumer, will probably keep restrictions on imports to control the current account deficit and defend the rupee, said the managing director of the country’s biggest refiner.