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Category Business

India: How will PM Modi navigate the Adani firestorm?

Billionaire businessman Gautam Adani, chairman of Indian conglomerate Adani Group, was indicted in the US on Thursday, charged with paying over $250 million (€237.5 million) in bribes to secure contracts in India’s energy sector. The bribes were allegedly offered to…

Housing overhang holds back market

Homeowners with mortgages coming up for renewal are starting to smile. Hardly a day goes by now without one of the banks tweaking its mortgage offering in favour of home buyers. Whether to fix short term (e.g. six months), sit on…

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