Bloomberg A revival in India’s steel consumption from the weakest estimated growth in at least four years hinges on the government boosting spending on infrastructure, housing and road projects to absorb record output. Finance Minister Arun Jaitley will announce February 1 higher outlays for national highways, rural roads, railways and low-cost housing, Goldman Sachs Group Inc. predicted in a ...

  Bloomberg China’s central government plans steps that will reduce the influence local governments have on economic statistics, according to a person familiar with the matter. The National Bureau of Statistics will move its teams out of joint offices they share with regional counterparts around the country and shift into separate facilities, said the person, who asked not to be ...

  Bloomberg Gold consumption in India won’t return to normal levels until 2018, delaying a forecast recovery from a seven-year low, as a liquidity squeeze tightens spending this year in the world’s largest consumer after China, according to the World Gold Council. This year “has a lot of uncertainties,” P.R. Somasundaram, managing director for the council in India, said by ...