India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.
Factbox-How is India managing its Maha Kumbh festival, the world’s largest gathering?
India's Maha Kumbh Mela, or Great Pitcher Festival, is set to be the world's largest gathering of humanity, with 400 million visitors expected at the six-week event that began this week in the ...
India’s Maha Kumbh marks first ‘royal bath’ with dreadlocked ascetics’ holy dip
Scores of naked Hindu ascetics smeared in holy ash charged into the water of holy rivers in northern India on Tuesday, dreadlocks flying, during the first 'royal bath' of the Maha Kumbh Mela, or Great ...
India’s HCLTech drops 8% after Q3 revenue misses estimates
HCLTech, India's no. 3 software services provider, plunged 8% on Tuesday after reporting a smaller-than-expected quarterly revenue and as a slew of brokerages cut their ratings on the shares. The ...
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line ...
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite
China's economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the blow from ...
China Will ‘Try Very Hard’ to Slow Yuan’s Fall, UBS’ Wang Says
A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the currency’s decline, according to UBS Group AG.
Country Garden overdue results set to show steep losses amid sector’s sales slump
Country Garden, once China's top developer and now facing a liquidation lawsuit, is expected to report steep losses when it publishes long-overdue results on Tuesday, analysts say, as a prolonged ... ( read original story ...)
Distressed property deals to rise this year as slump forces landlords, receivers to cut prices
Hong Kong is likely to see more distressed commercial properties snapped up by investors this year compared with 2024, as landlords and receivers have become more willing to slash their asking prices. ( read original story ...)
Offers to purchase expected in days for Georgia-Pacific’s shuttered downtown mill
Big and exciting changes could be on the way to downtown Green Bay at the site of the old Georgia-Pacific paper mill, which is now up for sale. ( read original story ...)