Business stories at this hour
May 03, 2012  14:30

Business stories coming up: India's dream of becoming the world's second-largest steel maker is dying a slow death. Currently, India is the world's fourth-largest producer after China, Japan and the US. Read the report on the Wall Street Journal.

 

India's top two importers of crude oil from Iran plan to reduce shipments by at least 15% this financial year, people with knowledge of the move said, in an important victory for the U.S.-led sanctions effort against Tehran. Read it on the WSJ

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