Edition:
India

Manoj Kumar

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

18 Oct 2017

Exclusive: India likely to stick to deficit target, may step up bank reform - Modi adviser

NEW DELHI India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalise banks, an adviser to the prime minister said on Tuesday.

13 Oct 2017

Retail inflation remains steady in September, hopes for rate cut bleak

NEW DELHI India's annual consumer price inflation remained steady in September from the previous month, but hopes of a rate cut by the Reserve Bank of India remain bleak as it expects higher inflation in coming months.

10 Oct 2017

Fiscal test: As India's smaller firms struggle, Modi faces stimulus dilemma

NEW DELHI/MUMBAI India's festive season should be a time of celebration for textiles businessman Habib Ansari, who usually spends October counting a boom in profits from supplying retailers ahead of a month of peak shopping.

04 Oct 2017

Crackdown on Muslim-run leather units dents exports, hits jobs

NEW DELHI A government crackdown on Muslim-dominated abattoirs and the trade of cattle dragged down India's exports of leather shoes by more than 13 percent in June, as leading global brands turned to China, Bangladesh, Indonesia and Pakistan to secure supplies.

03 Oct 2017

Government cuts taxes on petrol and diesel

NEW DELHI The government on Tuesday cut excise duty on petrol and diesel by two rupees a litre to protect retail consumers from higher global crude oil prices, a move analysts said could widen the country's fiscal deficit.

28 Sep 2017

India sticks to 2017/18 borrowing target, open to extra bond sales

NEW DELHI India's government on Thursday stuck to its budgeted market borrowing target for the fiscal year ending in March 2018 but held out the possibility of selling additional bonds to fund any new spending.

22 Sep 2017

India eyes extra $7.7 billion spending to halt economic slowdown: government sources

NEW DELHI India's government is considering a plan to loosen its fiscal deficit target to enable it to spend up to 500 billion rupees ($7.7 billion) more to halt an economic slowdown, two government officials with direct knowledge of the plan said on Thursday.

19 Sep 2017

Exclusive: India eyes spending cuts as glitches in GST hit revenue

NEW DELHI India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said.

18 Sep 2017

Exclusive: India eyes spending cuts as glitches in new tax hit revenue

NEW DELHI India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said.

12 Sep 2017

Rising food prices push India's August retail inflation to five-month high

NEW DELHI India's consumer price inflation rose more than expected to a five-month high in August, fueled by strong gains in prices of food items, dampening chances of a rate cut by the central bank in a policy review next month amid weak economic growth.

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