Modi Taps Critic of His Budget as Top India Economy Aide

The Indian government named former International Monetary Fund official Arvind Subramanian as its new chief economic adviser, a position left vacant for a year after Raghuram Rajan was appointed central bank governor.

Dollar Falls to Lowest Since February as Fed Retains Stimulus

The dollar fell to its lowest level since February as markets were whipsawed by Federal Reserve communications on keeping monthly bond purchases unabated depending on the strength of the economy.