Forbes
A report on Renault’s new $1.1 billion plant in Chennai says the car manufacturer will produce Renault’s Logan cars and Nissan’s Micras, which both target the mid-to-high end market. It quotes an equities analyst to say, “India is a would-be car market that is about to burst.”
The New York Times
A report on the recent petrol fuel hike says India and Malaysia became the latest Asian countries to “risk the wrath of voters by raising the price of subsidised fuel, a highly unpopular measure that could further weaken the governments of both countries made fragile by recent electoral setbacks.”
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