India’s IDBI Stake Sale Brings Timely Buffer Against $100 Oil
India’s long-awaited sale of IDBI Bank Ltd. will provide the government of Prime Minister Narendra Modi some fiscal relief as surging fuel prices and dwindling foreign inflows add to pressure on the economy.
This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.
Read at source
