Bloomberg Loans of as little as $30 and life insurance policies for as low as thirty cents a month: that’s what an Indian digital-payment company wagers will double its revenue and help it break even this year. In its 10 years of existence, One MobiKwik System Pvt has expanded from online payments into financial products including insurance, gold and mutual ...

Bloomberg China’s passenger-car sales showed signs of recovery from a historic rut as dealers offered discounts to clear inventory before new emissions rules kicked in. Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles rose 4.9 percent to 1.8 million units in June from a year earlier, according to preliminary numbers from the China Passenger Car Association (CAAM). ...

Bloomberg The latest skepticism to Facebook Inc’s plans for its new cryptocurrency called Libra comes from India as Asia’s third-largest economy is not keen on allowing the digital currency in the country. “Design of the Facebook currency has not been fully explained,” Economic Affairs Secretary Subhash Garg said in an interview in New Delhi. “But whatever it is, it would ...