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GQG founder to meet Australian investors after $1.9 bn Adani investment

Investment firm GQG Partners Inc founder Rajiv Jain will meet clients and investors in Australia this week and will explain its investment into embattled Indian conglomerate Adani Group

Adani Group pre-pays over $900 million worth share-backed financing

Adani Group has been looking to ease concerns about its credit profile after a U.S.-based short seller noted high debt and alleged improper use of offshore tax havens and stock manipulation

GQG founder to meet Australian investors after $1.9 bn Adani investment

GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout

US must stop suppressing China or risk 'conflict': Chinese FM Qin Gang

"The United States' perception and views of China are seriously distorted," Qin said

India housing market to remain resilient despite higher rates: Poll

A major source of employment in a country of 1.4 billion people where a majority are unskilled, the Indian housing market is likely to remain a stable contributor to economic activity in India

India considers raising palm oil import tax to help rapeseed farmers

The increase in the tax on palm oil could lift local prices, making the tropical oil a little less competitive than rival soyoil and sunflower oil

ONGC signs MoU with France's TotalEnergies for deep-water exploration

The MoU seeks to provide technical help for ONGC's push to explore and reduce green house emissions in development of deep-water blocks especially in Mahanadi and Andamans, off India's east coast

Nannies on call, spas; India witnessing 'mad rush' for luxury housing

Many people want to upgrade their homes after the Covid-19 pandemic confined them indoors, industry executives say. Working from home has also led to a demand for larger apartments

Will pay up to settle labour dispute with Japan, says South Korea

Forced work under Japan's 1910-1945 occupation: The move presents a unified front against China and North Korea

Oil prices down on China outlook, spotlight on possible rate hikes

At the same time, oil prices are likely to be impacted by rate hikes across the world as global central banks tighten policy over fears of increasing inflation

Indian shares extend rally for 2nd time after strong economic data from US

Most of the Adani group stocks advanced, extending gains after U.S. boutique investment firm GQG Partners' $1.87 billion investment in the conglomerate on Thursday

Rupee poised to extend rally on soft dollar index, positive risk mood

The non-deliverable forwards indicate the rupee will open at around 81.85 to the dollar compared with 81.9650 in the previous session

Dollar subdued as traders eye Powell's testimony, February jobs report

The dollar index, which measures the U.S. currency against six major peers, was down 0.057% at 104.560, but not far off a seven-week high of 105.36 it touched last week

Can't get my money out of China, India better investment option: Mobius

Mobius, who calls himself 'the Indiana Jones of Emerging Market investing', told FOX Business he's increasing exposure to alternative markets such as India and Brazil

Foxconn reports 11.65% fall in February sales, sticks to Q1 outlook

Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple, said revenue in February fell 11.65% year-on-year due to weakness in smart consumer electronics

Foxconn seeks cooperation with India in new areas like EVs, chips

Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way

Lanka's central bank raises interest rates in anticipation of IMF bailout

Central bank Governor P Nandalal Weerasinghe said with the rate increase all "prior actions" have been fulfilled and he was hopeful of the IMF bailout being approved within this month

Russians pound access routes to Ukraine's besieged Bakhmut: Report

Prigozhin's men have spearheaded the assault in eastern Ukraine for months

At China political meeting, internet bosses are out, chip execs are in

Economy showing signs of recovery from its Covid slump

Budget airline IndiGo pits Boeing against Airbus in record jet order talks

Indian budget carrier IndiGo is in talks with both Boeing and its supplier Airbus to order more than 500 passenger jets, potentially smashing an industry record set by domestic rival Air India