Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his U.S. indictment over alleged bribery to secure power deals in India. The m

The ruling Bharatiya Janata Party (BJP) and its allies are set to retain power in India’s richest state, in a major boost to prime minister Narendra Modi and his Hindu nationalist party. The Mahayuti alliance,

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Stock benchmarks in India surged on Monday as Prime Minister Narendra Modi’s Bharatiya Janata Party-led alliance secured a thumping victory in the nation’s wealthiest state of Maharashtra.

Prime Minister Narendra Modi and his party scored a big political win over the weekend. After losing its parliamentary majority in national elections in June, the BJP posted a landslide victory in a state election in Maharashtra,