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Business 18 Jan 2021 | 7:00 AM

Stricter rules for India shadow banks likely

NEW DELHI: India’s central bank is likely to propose tightening rules on “shadow banks” in a bid to strengthen solvency and sustainability of a sector that has been showing signs of stress in recent years, two sources said.

Business 04 Jan 2021 | 7:00 AM

Emerging from chaos to face delicate balancing act

NEW YORK: As one of the most tumultuous years in oil’s history ends, a delicate task now confronts Opec+.