Bloomberg India western state of Maharashtra, home to the country’s financial capital, is staring at a political crisis with lawmakers from Chief Minister Uddhav Thackeray’s Shiv Sena threatening to exit his ruling coalition and demanding the renewal of an alliance with Prime Minister Narendra Modi’s Bharatiya Janata Party. Several legislators from the Shiv Sena party, led by senior leader ...

  Bloomberg Former President Luiz Inacio Lula da Silva saw his lead over incumbent Jair Bolsonaro grow to 17 percentage points in a possible second round, the widest in five months, according to a new poll carried out after the latest fuel price increase in Brazil. Lula would receive 52% of the votes while Bolsonaro would get 35% in a ...

  Bloomberg A supply glut is set to hit India’s government bond market, and drive benchmark yields towards 8% by year-end, according to Standard Chartered Plc. The lender estimates that excess supply of sovereign and state debt may total as much as 6.3 trillion rupees ($81 billion) this fiscal year. That’s likely to further upset a market that’s struggling to ...