BLOOMBERG India approved its largest ever hydropower project in the mountainous northeastern region bordering China as the country seeks to build renewable generation to meet rising power demand. The government approved the estimated investment of 319 billion rupees ($3.9 billion) for the 2,880-megawatt Dibang project in Arunachal Pradesh, state-run hydropower producer NHPC Ltd said. The project is estimated to take ...

    BLOOMBERG Tesla Inc will sell its electric cars in Malaysia to tap into the rising foreign demand for EVs in the Southeast Asian. Elon Musk’s EV pioneer will set up an office in Malaysia, introduce service centres and build a network of superchargers, the trade ministry said in a statement after approving Tesla’s application to import EVs. Malaysia ...

BLOOMBERG India’s thriving farm sector — the only bright spot in its slowing economy — has become a hostage to warnings of a heat wave, muddling the outlook for policy makers already grappling with sticky inflation. The nation’s economic growth unexpectedly slowed to a three-quarter low of 4.4% in three months to December, data showed. The weather office’s prediction of ...