Bloomberg Vedanta Ltd sought approval from the administration of the southern Indian state of Tamil Nadu to repair its copper smelter as the plant is “crumbling” after being ordered to remain shut for more than a year. The factory’s cooling towers and pipe ducts have collapsed, Pankaj Kumar, chief executive officer of the unit, Sterlite Copper, said in a phone ...

Bloomberg India’s combined fiscal gap, including deficits of states, is seen widening to the highest in about eight years as the government boosts measures to stimulate a slowing economy. The general government deficit is seen at 7.5 percent of gross domestic product in the year to March, according to Fitch Ratings. The combined deficit was around 8 percent in the ...

Bloomberg India’s goal to more than double energy generation from renewable sources is fueling bets that debt offerings from green companies may grow. Adani Green Energy Ltd kicked off a roadshow for a potential dollar bond as Prime Minister Narendra Modi announced the more ambitious plans. Indian alternative-energy firms have sold about $3.4 billion of foreign-currency notes in 2019, after ...

Bloomberg Dressed in a red guard uniform, Gao Hongli and a group of fellow kindergarten principals are laughing and whooping like they’re on a Marxist hen night. They’ve travelled to Jinggang Mountain in Jiangxi province as part of a 100-strong delegation of preschool heads to learn how members of the Communist Party’s first rural “soviet base” lived in the late ...

Bloomberg Artificial rain created to deal with Indonesia’s massive wildfires has helped significantly lower the number of hotspots across the archipelago, authorities said. The number was down to 136, compared with 1,374 last week, according to the country’s Environment and Forestry Ministry. Since last week, Indonesian agencies have scattered more than 200,000 kilograms of salt for cloud seeding and 317 ...

Bloomberg Nancy Pelosi set House Democrats on a course towards an impeachment of President Donald Trump without a clear road map for where it will go and how long it will take — even as new information comes to light. Democrats accelerated their inquiry, issuing a subpoena and setting plans for witness interviews. But Pelosi, the House speaker, must still ...

Bloomberg The White House denounced a federal judge’s decision to halt President Donald Trump’s administration from expediting deportations of people who entered the US illegally. “Once again, a single district judge has suspended application of Federal law nationwide — removing whole classes of illegal aliens from legal accountability,” the White House said in a statement. US District Judge Ketanji Brown ...

Bloomberg Ivory Coast President Alassane Ouattara is in favor of “handing over to the new generation” in next year’s presidential polls, but did not rule out running in the election. The 78-year-old, who has just over a year left of his second term in office, was addressing reporters in his hometown of Dimbokro after a four-day visit to the surrounding ...

Bloomberg Hong Kong police used a water cannon, rubber bullets and tear gas on protesters who set a train station entrance on fire and hurled petrol bombs as they tried to march on the government offices in the city center. Demonstrators marched without permission on Sunday after an approved rally the day before. Chief Executive Carrie Lam took responsibility for ...

Bloomberg Chanting “Yes, we can!” along with thousands of supporters, Argentine President Mauricio Macri pledged to lift salaries and economic growth as he began a final bid to come back in the polls ahead of a presidential vote next month where his chances of victory have been largely written off. “This election can be turned around,” Macri told the crowd ...