Topic: Bloomberg wire

As the Chinese initiative is primarily for Beijing to exert its influence over the region, investors are not seeing much possibility of financial returns. 

Punjab National’s butter chicken is truly cooked, as the RBI continues to force all lenders to flush out dud loans.

GFG sees major opportunities in India despite challenges with regulation and infrastructure, will continue to pursue three deals under the sell-off of assets prompted by bankruptcy law, said executive chairman Gupta.

The Mumbai bench of National Company Law Tribunal has placed Anil Ambani's Reliance Communications Ltd. under insolvency proceedings. This will prevent Anil Ambani from selling RCom's airwaves, towers, and fiber assets to his elder brother's company.

With BJP leading in 104 of the 222 seats that voted 12 May, the election may result in a hung assembly, paving the way for the JD(S) to play kingmaker in forming a coalition government.

As the payment for oil increases, India’s current account deficits are prone to widen making the economy more vulnerable to rising US interest rates. 

The BSE Sensex rose 1.1 per cent to 35,933, set for the biggest advance since 5 April. The gains damped price swings, with the India Volatility Index tumbling 11 per cent.

India’s total electricity-generation ability is 344,000 megawatts, a 72 per cent increase over six years. The country still doesn’t have a power surplus.

Despite government's claims that Aadhaar card information cannot be leaked, it has happened several times. Ironically, in some cases, it is done by the government itself.

PM Shahid Khaqan Abbasi's office released a statement saying that it was very unfortunate that the opinion arising out of either misconceptions or grievances was being presented in disregard of concrete facts and realities.