Modi’s Frugality Warning Flags Twin Shock for India
Indian fuel retailers are losing $3.2 billion per month.
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.
Today, I look at India’s energy karma and my colleague Preeti Soni examines how the government’s Gold Monetization Scheme could work better.