The Indian government will continue intervening in domestic fuel pricing to protect consumers from global oil market volatility, according to the head of Reliance-BP’s fuel retail business. Despite past efforts to deregulate petrol and diesel—petrol in 2010 and diesel in 2014—recent global

Rising Bad Loans Challenge India’s Microfinance Sector; Government Maintains Non-Intervention Stance
India’s microfinance sector is grappling with a surge in bad loans, raising concerns about the financial stability of institutions serving low-income populations. Despite these challenges, the government has indicated that it does not plan to intervene at this juncture. Escalating Bad Loans in Microfinance Recent data reveals a significant uptick in non-performing