Bloomberg India will probably borrow the entire 1 trillion rupees ($12.9 billion) that the government will forgo as revenues due to a cut in gasoline and diesel levies, according to people familiar with the matter. Higher collections from the goods and services tax (GST) as well as personal income taxes will be neutralised by additional spending on food and fertiliser ...

  Agencies China saw a steady increase in its natural gas output in April, official data showed. The country’s natural gas output was 17.7 billion cubic meters in April, up 4.7% from a year ago, according to the National Bureau of Statistics. In the first four months of this year, China reported a total of 74.7 billion cubic meters of ...

  SHARJAH / WAM The Expo Centre Sharjah announced that it has decided to postpone the 3rd edition of the Jewels of Emirates Show due to the country’s 40-day mourning period following the passing of Sheikh Khalifa bin Zayed Al Nahyan. The event, which was originally set for June 2nd to 5th, has been rescheduled to June 30 to July ...