India & Pakistan News
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State Bank of India, the nation’s largest lender, dropped in Mumbai trading as bad loans expanded and capital buffers shrank in the third quarter.
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The European Union will press ahead with emissions levies for international airlines, putting the bloc on course for a trade spat with countries including China, India and the U.S.
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Oil climbed after the Greek parliament approved an austerity plan, bolstering chances for a solution to Europe’s debt crisis, and on increasing concern that Iranian crude supplies will be disrupted.
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Hedge funds increased bets on rising commodity prices to the highest since September on mounting confidence that growth in the U.S. will strengthen demand.

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