India's Economy

The Supreme Court has given the Narendra Modi government and the RBI two weeks’ time to come up with alternatives to the issue.

The rationale behind the move is to introduce international standards in the Indian fuel retail market.

Urjit Patel is expected to take over as the RBI Governor on the 5th of September, 2016. Kenyan-born Patel is believed to be hawkish on inflation, a fact that is music to the ears of investors looking to invest in India.