Bloomberg India’s largest green energy company, ReNew Power Ltd, is considering raising funds through asset sales, after shelving plans for an initial public offering. Backed by Goldman Sachs Group Inc., the company has renewable assets of over 7 gigawatts, of which more than 4 gigawatts are operational. It makes sense to sell some assets when “the ability to execute and ...

Bloomberg Acting Defense Secretary Patrick Shanahan said the US and China would eventually resolve their differences, downplaying the significance of escalating trade tensions even as he ripped Beijing’s leaders for behavior that “sows distrust” in Asia. In a speech in Singapore that came hours after he met a top Chinese defense official, Shanahan indirectly blasted Beijing for employing a “toolkit ...

Bloomberg Prime Minister Narendra Modi began his second term by expanding an income support program for India’s small farmers, increasing the initiative’s annual cost to $12.5 billion for the new government that’s facing an economic slowdown. The newly-appointed cabinet approved extending the cash distribution plan to 20 million more farmers, taking the total beneficiaries to 145 million people who would ...