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A worker grinds a metal gate inside a household furniture manufacturing factory in Ahmedabad

India's factories ended 2022 on a strong note

India's manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two years while growth in new orders and output accelerated, a business survey showed on Monday.
U.S. one hundred dollar notes are seen in this picture illustration

Buyout funds rethink deal financing amid shortage of debt

Private equity funds are rethinking how they pull off large deals after a 40.4% contraction in global buyout activity amid a shortage of debt financing caused by rising interest rates and banks' reluctance to open their money taps.