S&P Global’s India services purchasing managers’ index rose to 62.3 in July from 58.5 in June - its fastest growth since 2010

The move on Thursday could hit companies such as Apple, Dell and Samsung hard. Indeed, it appears aimed at forcing them to manufacture their products locally.

VW and automaker FAW Group could "buy" a platform of EV technologies from Leapmotor, according to the state-backed news-site. Meanwhile, BYD is facing a tax probe in India.

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world

Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India

There has been a huge jump in the assets of emerging market mutual funds and exchange traded funds that exclude China, as US and European investors turn wary of exposure to the Asian giant

Chip firm chiefs are heading to Prime Minister Narendra Modi's home state for the annual SemiconIndia conference in Gandhinagar

"Security concerns with respect to Chinese investments in India" led officials to decline the EV-maker's proposal, a report by the Economic Times said

US-based investment firm Bain Capital said on Sunday it will bulk the bulk of Adani Capital and Adani Housing for $120m and a liquidity line of $50m. Gaurav Gupta will continue as CEO.

Indians are questioning the government's disaster management and slack response to global warming after monsoon rains wreaked havoc, and damage of $2 billion, in the country's north