New Delhi / Bloomberg Jewellers in India, the world’s biggest gold consumer after China, are estimated to be losing about $150 million a day as a shutdown to protest a proposed tax enters its second week, according to the All India Gems & Jewellery Trade Federation. Shops will remain closed until the government assures jewellers that the 1 percent duty ...

New Delhi / Bloomberg Suzuki Motor Corp., shipping India-built cars to Japan for the first time, said plants in its biggest market are now capable of making vehicles at the same level of quality as factories at home. Japan’s second-biggest minicar maker began selling the Baleno hatchback, made by its Maruti Suzuki India Ltd. subsidiary, in Japan on Wednesday, according ...

Tokyo / AFP Japan’s Toshiba on Wednesday offered camera maker Canon exclusive rights to buy its medical devices unit, as the engineering giant sells businesses to recover from a major accounting scandal. The announcement comes as Toshiba expects a whopping loss of about $6.0 billion for the year to March due to sagging global demand and a spectacular profit-padding scandal, ...