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Budget 2017

Finance Minister Arun Jaitley unveiled a budget to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on "black money".

India unveils budget for recovery, and the poor, after cash crackdown

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NEW DELHI India unveiled a budget on Wednesday to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on "black money". | Video

More Budget 2017 headlines

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On eve of state polls, Modi looks to clean up campaign funding

NEW DELHI Prime Minister Narendra Modi has moved to clean up political funding with limits on cash donations and new "election bonds", but some politicians and election officials said the measures would have limited impact.

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India sticks to bank spending plan, no bumper recapitalisation yet

MUMBAI India stuck to a previously planned injection of $1.5 billion for state-owned banks in the coming financial year, disappointing hopes for a broader recapitalisation and fuelling concern that some may trim lending to keep afloat.

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India extends tax relief on local oil sales by foreign firms

NEW DELHI India proposed on Wednesday exempting foreign firms from paying income tax on the local sale of oil on the ending of a strategic storage contract with the government, with a view to attracting more interest in leasing such facilities.

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Moody's analyst says India's budget "fiscally prudent", reforms key

MUMBAI India's 2017/18 annual budget is "fiscally prudent," as it maintains the government's fiscal consolidation efforts and would lead to stable economic growth if implemented correctly, a Moody's analyst said on Wednesday.

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Highlights - India unveils budget for recovery and the poor after cash crunch

NEW DELHI India unveiled a budget on Wednesday to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on "black money". [nL4N1FM10J]

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FACTBOX: Likely corporate winners and losers from India's 2017 budget

India's budget for the year to March 2018 offers hikes in government spending and cuts in taxes as Prime Minister Narendra Modi promises to help the poor and to win back the votes of those hit by his crackdown on "black money".

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Expert views: India unveils 2017/18 budget; views on size of fiscal deficit mixed

India will ramp up spending on rural areas, infrastructure and fighting poverty, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon.

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Economic Survey: India plays down hit to growth from PM Modi's cash crunch

NEW DELHI India's growth rate will slow by up to half a percentage point due to the government's decision to scrap high-value banknotes, the top finance ministry economist said on Tuesday, challenging independent estimates of a far bigger impact.

VIDEO: BUDGET REACTIONS

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Train derails in Uttar Pradesh, killing about 20 and injuring scores more 12:03am IST

NEW DELHI/MUMBAI A train came off the tracks in northern India on Saturday, killing about 20 people and injuring scores more, as carriages slammed into each other, officials said. | Video