Bloomberg India’s trade deficit narrowed more than estimated in February from a month ago, as imports fell owing to a sharp drop in oil purchase cost. The gap between exports and imports was $9.6 billion last month, compared with $14.7 billion in January, data released by the commerce ministry showed. The deficit is narrower than the $13.7 billion median estimate ...

Bloomberg Executives from Nissan Motor Co. and Mitsubishi Motors Corp. are exiting as part of a wider shuffle among the top ranks of the Japanese automakers’ alliance with Renault SA following the arrest of Carlos Ghosn in November. Arun Bajaj, the alliance’s senior vice president for human resources, exited Nissan as of March 11 after a leave of absence, the ...

Bloomberg Philippine tycoon Enrique Razon is pushing to build a new dam east of the capital to prevent another water shortage hitting thousands of people in Metro Manila as the dry season begins. Wawa Dam in Rizal province can be the nearest major source of bulk water and provide 80 million liters per day by 2021 and 540 million liters ...