NEW DELHI India has suspended payments to Italian defence group Finmeccanica SpA (SIFI.MI) for a $750 million helicopter deal and won't take delivery of more aircraft until the completion of a Central Bureau of Investigation (CBI) probe into bribery allegations, a defence ministry source told Reuters.
(Reporting by Nigam Prusty; Writing by Manoj Kumar; Editing by Frank Jack Daniel)
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The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017. Full Article