Bloomberg Reliance Industries Ltd. regained its position as India’s second most-valuable company after its shares posted their biggest advance in eight years. The stock surged 11 percent at the close, valuing the company at 3.92 trillion rupees ($59 billion), as investors cheered Chairman Mukesh Ambani’s decision to end free data plans at his phone venture from April. HDFC Bank ...

  Bloomberg China home prices increased last month in the fewest cities in a year, signaling property curbs to deflate a potential housing bubble are taking effect. New-home prices, excluding government-subsidized housing, gained last month in 45 of the 70 cities tracked by the government, down from 46 in December, the National Bureau of Statistics said Wednesday. Prices fell in ...

  Bloomberg Wheat production in India will probably fall short of a government forecast, spurring the world’s second-biggest grower to import a large quantity amid declining domestic inventory. Prices in Mumbai dropped for a third day. Production is set to total 91 million tons in the 2016-17 crop year, according to the median estimate of eight traders and analysts surveyed ...