
Advait Palepu
Wealth Reporter at Bloomberg News
India Wealth Reporter at Bloomberg News. Tip: [email protected] Views are personal
Articles
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3 weeks ago |
bloomberg.com | Advait Palepu
Shoppers walk past stalls at Sadar Bazaar in New Delhi. (Bloomberg) -- India’s central bank expects lenders to pass on lower borrowing costs to consumers and boost credit growth after its out-sized policy moves on Friday, Governor Sanjay Malhotra said. “The transmission needs to be faster that’s why we have front-loaded our actions,” Malhotra told reporters in a post policy press briefing. The central bank “can’t force banks to lend but we’d expect better transmission,” he said.
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3 weeks ago |
bloomberg.com | Advait Palepu
US prosecutors are probing billionaire Gautam Adani’s conglomerate for importing liquefied petroleum gas from Iran through the Mundra port in India, violating sanctions, according to a report by the Wall Street Journal. A WSJ investigation found that tankers regularly traveling between Mundra and the Persian Gulf often exhibited traits and patterns seen by ships seeking to evade sanctions.
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3 weeks ago |
flipboard.com | Advait Palepu
Mahila Intimates Returns With Its Second CollectionInspired by the colors of India. Mahila Intimates, the rising, London-based label from sisters Jasmine and Bella Muller, is finally back with its …
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3 weeks ago |
business-standard.com | Advait Palepu |Saikat Das
Adani Group plans to build a transportation network as part of the Dharavi redevelopment project in Mumbai that will house rail, road and airport transit facilities in a single location. A key feature will be airport trains and check-in and transit facilities for passengers traveling to and from the Mumbai and Navi Mumbai airports, according to Navbharat Mega Developers Pvt, the project vehicle where Adani Group has an 80 per cent stake and the state government holds the rest.
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3 weeks ago |
bloomberg.com | Advait Palepu |Saikat Das
Pranav Adani during a site visit to the Dharavi slum cluster in Mumbai, last year. (Bloomberg) -- Adani Group plans to build a transportation network as part of the Dharavi redevelopment project in Mumbai that will house rail, road and airport transit facilities in a single location.
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