Bloomberg Indian Prime Minister Narendra Modi’s government plans to sell an unprecedented amount of bonds for a second straight year as a slowing economy forces it to sacrifice fiscal discipline. The administration plans to borrow 7.8 trillion rupees ($109 billion) in the year starting from April 1, Finance Minister Nirmala Sitharaman said in her budget speech on Saturday. That’s in ...

Bloomberg Chinese regulators unveiled a slew of measures to ensure stability of its $45 trillion financial system as the nation stepped up the fight against the spreading virus. The China Banking and Insurance Regulatory Commission will “suitably extend grace period” for firms that have difficulty meeting end-2020 deadline to comply with new asset management rules, CBIRC vice chairman Cao Yu ...

ABU DHABI / WAM Strata Manufacturing, Strata, the advanced composite aero structures manufacturing facility wholly-owned by Mubadala Investment Company PJSC, is celebrating the delivery of its first shipset of Flap Track Fairings for the PC-24, the twin-engine Super Versatile Jet produced by Pilatus Aircraft Ltd of Switzerland. The delivery of the first shipset of Flap Track Fairings comes within eight ...