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Waning Demand for LIC IPO Highlights Fiscal Challenges for Modi

(Bloomberg) India’s decision to go ahead with a much-reduced target for its vaunted life insurer’s initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation’s fiscal deficit target.

Reliance abandons plans to buy Indian retailer amid challenges | Business and Economy News

LIC IPO s Lowered Size Threatens India s Fiscal Deficit Target: Report

India's decision to go ahead with a much-reduced target for its vaunted life insurers initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation's fiscal deficit target.

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