India’s ‘Shambolic’ Central Bank Delay Holds Back Recovery
Passengers disembark a bus outside Howrah railway station in Kolkata, India. (Photographer: Arko Datto/Bloomberg)

India’s ‘Shambolic’ Central Bank Delay Holds Back Recovery

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(Bloomberg) -- India’s government injected more uncertainty into the economy this week, failing to act in time to appoint members to the central bank’s panel that decides interest rates.