Bloomberg Rice output in India may suffer this year as poor rains in key growing areas shrink plantings, raising concerns that the top exporter could curb shipments after restricting wheat and sugar sales to safeguard food security. Total rice acreage in the South Asian nation, the world’s second-biggest grower, has fallen 12% so far this season, according to the ...

  Bloomberg Bhavish Aggarwal, who founded India’s top ride-hailing startup and then moved into manufacturing electric scooters, is expanding his business empire again, unveiling plans to enter the electric-car market in competition with local giants like Tata Group and global automakers from Hyundai Motor to Tesla. The 36-year-old entrepreneur said that Ola aims to launch its first electric car in ...

  Bloomberg Gold dropped — following four straight weeks of gains — as investors assessed signs China’s economy is struggling to recover ahead of minutes from the Federal Reserve later in the week. Bullion fell 1.1%, after the longest run of weekly gains in almost a year, as it came under pressure from the stronger dollar. The precious metal has ...