Bond vigilantes worry as weak Modi government win fans fiscal populism fear

Prime Minister Narendra Modi’s smaller-than-expected poll victory is causing concerns among bond investors about increased populism. The election results shocked traders, leading to a selloff in Indian assets.

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Why India’s steel demand is defying global weakness

India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices,