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Jo Winterbottom

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India scrambles to reduce oil bill inflated by sinking rupee

The oil minister is grasping at desperate measures to cut the country's oil costs by nearly $20 billion after the rupee's slide to record lows has left India facing an oil bill potentially 50......

India's gold import headache to resume after June plunge

India's gold imports could pick up in the next few months after slumping 81 percent in June as falling prices spur buying, a government source said, adding to New Delhi's anxiety over a record-low......

Jewellers join government's campaign to cut gold buying

India's biggest jewellers' association has asked members to stop selling gold bars and coins, about 35 per cent of their business, adding its weight to government efforts to cut gold imports and......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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