Aftab Ahmed

Exclusive: India may restrict imports of palm oil, other goods from Malaysia - sources

11 Oct 2019

NEW DELHI/MUMBAI India is considering restricting imports of some products from Malaysia including palm oil, according to government and industry sources, in reaction to the Southeast Asian country's leader criticising New Delhi for its actions in Kashmir.

Indian gold imports hit three-year low as prices jump

04 Oct 2019

NEW DELHI/MUMBAI India's gold imports plunged 68% year on year in September to their lowest in more than three years as record domestic gold prices curbed retail buying, a government source said on Friday.

India infrastructure output down in August for first time since 2015

01 Oct 2019

NEW DELHI India's infrastructure output in August fell from a year earlier for the first time since April 2015, signalling the economic growth recovery in Asia's third largest economy may be slow despite a cut in the corporate tax rate and other policy measures designed to spur investment.

India looks to ease foreign investment limits in govt bonds - sources

27 Sep 2019

NEW DELHI/MUMBAI, Sept 27 India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in global bond indexes in the next two years, three government officials with knowledge of the matter told Reuters.

Modi's big tax cut unlikely to spur job bonanza in India

25 Sep 2019

MUMBAI/NEW DELHI With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall rather than unleash the investments that Prime Minister Narendra Modi hopes will create millions of jobs and revive the economy.

RPT-UPDATE 5-India bans e-cigarettes as global backlash at vaping gathers pace

19 Sep 2019

* India e-cigarette ban to apply on sale, import, advertising

India bans e-cigarettes as global backlash at vaping gathers pace

19 Sep 2019

NEW DELHI India banned the sale of electronic cigarettes on Wednesday and warned of an "epidemic" among young people, in the latest and potentially biggest move globally against vaping over growing health concerns. | Video

India says it expects to gain control over Pakistani Kashmir one day

18 Sep 2019

NEW DELHI India's foreign minister said on Tuesday that the part of Kashmir controlled by Pakistan belongs to India and that he expected New Delhi to gain physical control over it one day, as the two countries again traded barbs over the disputed territory.

GST panel unlikely to favour tax rate cut for auto sector: sources

17 Sep 2019

NEW DELHI India's goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.

India sets up fund to complete stalled housing projects

14 Sep 2019

NEW DELHI India on Saturday announced a series of measures to revive the housing sector and boost exports as the government tries to kick-start an economy hit by a lending crisis and a slowdown in demand.

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