Bloomberg Reserve Bank of India Governor Urjit Patel signalled that the interest-rate hike was not aimed at defending the rupee. Analysts say that the move will still provide the much-needed support to the currency. For HSBC Holdings Plc and Nomura Holdings Inc., it bolsters the RBI’s credentials on the inflation-fighting front, which they say will have a rub-off effect on ...

Bloomberg The new global head of macro research at Nordea Bank AB says it’s now clear that the extreme monetary policies that followed the global financial crisis are making the rich richer and everyone else more indebted. Kristin Magnusson Bernard, who used to work with financial stability at the European Central Bank, says the lessons learned from cutting interest rates ...

Bloomberg Boeing Co. hasn’t decided whether to build a new midrange jet, but Washington state is already teaming with aerospace workers to try to keep any new work in the planemaker’s industrial heartland. The Puget Sound region around Seattle holds an advantage as a “dense supercluster of advanced aerospace manufacturing and skilled aerospace workers,” according to a Teal Group study ...