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India is said to plan new platform for bond derivative trades
Bond forwards are widely used by Indian insurers to hedge interest-rate risk. Banks typically sell the contracts, agreeing to deliver securities at a fixed price on a future date
India’s iPhone hub stunned by movie star Vijay’s political rise
In most of his films, Tamil superstar C. Joseph Vijay has saved the nation and its poor from powerful forces. He used that same script in politics this week to emerge as the unlikely winner in elections in one of India’s most economically important states.
Petronet LNG sees no clarity on Qatar supply for June
India’s largest LNG buyer hasn’t received shipments from Qatar since the Iran war disrupted flows through the Strait of Hormuz, which handled about 60% of India’s LNG flows
Lower valuations may see India outflows moderate: RBI Governor
The rupee has declined more than 5% so far this year, ranking as Asia’s worst performer, while the benchmark Nifty 50 stock index has lost 8%
India says West Asia war complicates Chabahar talks With US, Iran
“This issue is under discussion with both Iran and US,” Randhir Jaiswal, a spokesperson for India’s Ministry of External Affairs, said adding: “Obviously, the current conflict is also a complicating factor.”
India’s heat wave creates new inflation risks after oil surge
India faces inflation risks as heat waves and erratic monsoon threaten food prices amid soaring energy costs.