DLF Ltd., India’s biggest developer, posted a third-quarter profit of 21.45 billion rupees ($544 million) on growing demand for houses, offices and hotels in Asia’s third-largest economy. Sales at the company and its units totaled 36 billion rupees in the three months ended Dec. 31, compared with 33.5 billion rupees in the second quarter, New […]

The recent meltdown and the following volatility in the broader markets has left two sets of believers on the streets: one set believes in bubbles, and expects them to burst at periodic intervals, while the other believes there is a fundamental reason innate to these so-called bubbles, which is the strong undercurrent of robust domestic […]

India’s government expects economic growth to slow for the first time in three years, as higher interest rates cool consumer demand for homes, motorcycles and electric appliances. Asia’s third-largest economy is forecast to expand 8.7 percent in the 12 months to March 31, the weakest pace since 2005, the statistics office said in a release […]