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India Rate Hike Is a Touch-and-Go Affair Thursday, Swaps Show

India’s rates traders are on the fence about a quarter-point rate hike on Thursday, even though a majority of economists are predicting one.

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Sizzling Heat Wave Puts India s Farm Sector and Economy at Risk

India’s thriving farm sector the only bright spot in its slowing economy has become a hostage to warnings of a heat wave, muddling the outlook for policy makers already grappling with sticky inflation.

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