NEW DELHI India's imports declined to their lowest level in four months in June to $40.29 billion, down 9% from a year ago, indicating weakening consumption in Asia's third largest economy, economists said.
NEW DELHI/MUMBAI The government's budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million rupees has rattled many foreign portfolio investors(FPIs).
NEW DELHI The Editors Guild of India, which represents the country's newspapers, urged the government on Wednesday to withdraw curbs that have reduced journalists' access to officials in the finance ministry.
MUMBAI/NEW DELHI The Indian government on Friday announced a fresh capital infusion of about $10 billion into debt-burdened state banks and credit guarantees to support shadow lenders in a bid to boost lending and revive the economy.
NEW DELHI India raised import tariffs on nearly 75 items including gold and automobile parts in its budget on Friday and increased taxes on the rich to help pay for recapitalizing banks and supporting small business in a bid to revive sagging growth.
NEW DELHI, July 5 India Prime Minister Narendra
Modi's government unveiled the budget for 2019/2020 on Friday,
seeking to reverse weakening growth and investment that threaten
to take the shine off a recent landslide election victory.
NEW DELHI Prime Minister Narendra Modi's government on Friday will unveil a budget that is expected to cut taxes on business and raise spending in a bid to shore up consumption and faltering economic growth.
NEW DELHI Nepal's Chaudhary Group (CG) has signed a deal worth about $100 million with China's Huawei Technologies to bring 4G phone services to the country, CG's chief executive said, shrugging off U.S. security concerns about Huawei's products.
NEW DELHI India's finance ministry has demanded the social security and pension fund cuts the 8.65 percent annual return it was planning to offer about 85 million member workers, according to a ministry memorandum reviewed by Reuters.
NEW DELHI India's government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials have warned, as a slowing economy creates a big shortfall in tax collections and prompts new stimulus plans.