Bloomberg A surging rupee, rising currency reserves and a comfortable current-account gap could see India’s central bank consider relaxing rules on outward investments, paving the way for domestic companies to step up their shopping abroad, especially in Latin America and Africa. An uptick in overseas acquisitions would help keep a lid on the rupee, which is among the top …

  Bloomberg Coal India Ltd. may keep production subdued after it fell to the lowest seasonal level in three years as the world’s biggest miner of the fuel seeks to cut inventories. Output in April dropped to the least for the month since 2014, and shipments surpassed production by the biggest volume in records going back almost four years. The …

  Bloomberg Gold imports by India, the world’s biggest market after China, jumped to the highest level since 2014 in the first three months of the year, spurred by jewelers restocking for weddings and improving cash flow in the financial system, the World Gold Council said. Net inbound shipments more than doubled to 270.1 metric tons from 127.4 tons a …