Bloomberg The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India’s largest conglomerate looks to sharpen its focus on about half a dozen businesses. “Both our insurance business and non-banking finance company have got a huge opportunity to grow,” Natarajan Chandrasekaran, chairman of group holding company Tata Sons, said in an interview with ...

Bloomberg India is working towards a $5 trillion dollar economy by 2025, Prime Minister Narendra Modi said on Tuesday at the opening session of the World Economic Forum in Davos. “Almost all areas of our economy have been opened to foreign direct investment,” said Modi, the first Indian prime minister in two decades to attend the forum of global business ...

Bloomberg The Philippines retained its position as one of the world’s fastest-growing economies after expansion exceeded 6 percent for a sixth year. Gross domestic product increased 6.7 percent in 2017, the Philippine Statistics Authority said in Manila on Tuesday, matching the median estimate in a Bloomberg survey of economists. The economy rose 6.6 percent in the fourth quarter from a ...