India Edition

India’s New Insurance Rule Raises Growth Risks in War Time

Higher borrowing costs will impinge on infrastructure spending by states.
Indian rupee banknotes.Photographer: Dhiraj Singh/Bloomberg

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.

Today, I unpack a new rule that may curb state spending and my colleague Anto Antony examines if investors are overpaying for the Indian Premier League.