India’s coal shortage could become another stagflationary shock, says Nomura
Amid the country’s power utilities struggling with dwindling coal supplies due to rising power demand, brokerage firm Nomura said India’s coal shortage could become another ‘stagflationary shock’. According to a research note by the brokerage, coal inventories held by the Indian power plants have nine days’ worth of stock as of mid-April, which, though up from around […]