Bloomberg India’s combined fiscal gap, including deficits of states, is seen widening to the highest in about eight years as the government boosts measures to stimulate a slowing economy. The general government deficit is seen at 7.5 percent of gross domestic product in the year to March, according to Fitch Ratings. The combined deficit was around 8 percent in the ...

Bloomberg India’s goal to more than double energy generation from renewable sources is fueling bets that debt offerings from green companies may grow. Adani Green Energy Ltd kicked off a roadshow for a potential dollar bond as Prime Minister Narendra Modi announced the more ambitious plans. Indian alternative-energy firms have sold about $3.4 billion of foreign-currency notes in 2019, after ...

Bloomberg Dressed in a red guard uniform, Gao Hongli and a group of fellow kindergarten principals are laughing and whooping like they’re on a Marxist hen night. They’ve travelled to Jinggang Mountain in Jiangxi province as part of a 100-strong delegation of preschool heads to learn how members of the Communist Party’s first rural “soviet base” lived in the late ...