Listen to this story. Enjoy more audio and podcasts on iOS or Android.
Your browser does not support the element.
THOSE WHO want to gauge India’s economic prospects often look to businesses that erect homes, produce consumer staples, manufacture inexpensive vehicles and provide basic services like electricity or discretionary ones like travel. Each of these sectors is currently sending mixed messages—enough good news to justify hope, but with caveats that counsel caution. One industry, though, is sending an unequivocal signal. And a loud one.
Since April the share price of Premier Explosives has more than doubled. That of a larger maker
→ Continue reading at The Economist
