Bloomberg Forecasts for a warm start to December are raising the specter of a third straight mild winter, sending US natural gas futures sliding the most since February. A midday update to the government’s Global Forecast System weather model maintained a “much too warm” pattern through December 6, despite a couple of cool shots across the northern tier of the …

Bloomberg Indians grappling with the risk of stroke, heart disease and lung cancer from pollution have to contend with an unlikely adversary: The taxman. Prime Minister Narendra Modi’s rollout of the country’s biggest tax overhaul in decades is encouraging the use of petroleum coke, a fuel that spews more emissions than others. That’s because it’s being taxed at a rate …

Bloomberg State-run Steel Authority of India Ltd. is heading for a turnaround this year as the government orders belt-tightening and asset disposals at the loss-making 63-year-old mill. “This year we’re expecting some cash profit to come into SAIL,” Aruna Sharma, secretary at the steel ministry, said in an interview in New Delhi. The ministry has directed the company to better …