Bloomberg A low inflation spell in an election year should be good news for any government, right? Wrong. For Prime Minister Narendra Modi, the subdued inflation numbers, due largely to low food prices, may present a budget problem. His government may have to shell out more to compensate farmers for low market prices of some crops under a plan announced ...

Bloomberg Volkswagen AG’s Audi unit agreed to pay an 800 million-euro ($926 million) fine for its role in the diesel-cheating scandal that has disrupted the car industry for more than three years and landed Audi’s longtime leader in jail. The penalty consists of the maximum fine of 5 million euros and the seizure of 795 million euros in profits the ...

Bloomberg Volvo AB slumped after uncovering a faulty component in the emissions-control setup of tru-cks widely sold in Europe and the US, the manufacturer’s biggest markets. The world’s second-largest truckmaker has started informing authorities about the issue, caused by materials from which a component is made degrading over time and potentially leading to the release of emissions exceeding limits. The ...