Bloomberg Business

Modi’s Election Budget Unlikely to Delay RBI Path to Rate Pause

The Narendra Modi government’s $550 billion India budget aimed at boosting consumption by lowering taxes will not stop the central bank from moving toward a pause in interest-rate hikes by the end of this quarter, according to some economists.

Peru’s Congress Fails Yet Again to Agree on New Elections

Peru’s Congress voted against approving a new timeline for general elections on Wednesday, part of a dizzying pattern of votes and debates that have failed to give a clear path to solve the country’s ongoing political crisis.

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