Bloomberg India issued a tender to build 7.5-gigawatt of solar power projects in Jammu and Kashmir, state-run Solar Energy Corp of India said on its website. The request is part of a larger plan to build 23 gigawatts of solar capacity in Ladakh, a region in the country’s extreme north bordering China. The capacity is offered in as many as …

Bloomberg The downturn in Sydney’s property market is set to deepen this year as tighter lending standards and the worst slump in values since the late 1980s cause nervous buyers to sit on the sidelines. Average Sydney home values have fallen 11.1 percent since their 2017 peak, according to CoreLogic Inc. data — surpassing the 9.6 percent top-to-bottom decline when …

Bloomberg India’s central bank will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy of eschewing sweeping corporate debt overhauls. The Reserve Bank of India will allow one-time restructuring of loans to micro, small and medium-sized companies that are in default, the regulator said in a statement. To be eligible for the program, the loan …