Modi Targets Gold, Fuel in Austerity Push

Just over a week ago, Prime Minister Narendra Modi called on Indians to adopt austerity and helped the nation cushion the adverse impact of the war in the Middle East. He urged citizens to conserve fuel, limit foreign travel and put off gold purchases. The government moved swiftly after that and rolled out a series of measures to shield the economy and stall the Indian currency's freef fall.Indian state refiners for the first time in four years increased pump prices of petrol and diesel. A move that provide ...