Officials in finance minister Arun Jaitley's ministry are encouraging economists and newspapers to lobby directly for further easing, senior government officials said.
Prime Minister Narendra Modi's office wrote to the EU Trade Commissioner to intervene when the ban on around 700 pharmaceutical products was formalised in May, but there was no response, so the ...
Country's banking sector, dominated by more than two-dozen state-run lenders, has been hobbled by its highest bad-loan ratio in a decade as slower economic expansion hurt companies' ability to ser...
Govt had the export push in mind via 'Make in India' drive to support industrial growth and create manufacturing jobs. But the greatest challenge businesses faces is getting their production to ports.
Washington has signed pacts covering more than 80 tax jurisdictions to implement the Foreign Account Tax Compliance Act, or FATCA, requiring financial institutions to share information about Americans...
The country's stock markets fell nearly 2 per cent on Monday and bond yields rose.
"We are starting with 1 per cent in July and by the end of this (fiscal) year it will go up to 5 per cent" of annual investments), Labour Minister Bandaru Dattatreya told Reuters in an interview l...
PM Narendra Modi, who has completed one year in power this week, managed to hit a budget deficit goal of 3.9 per cent of GDP in the fiscal year to March with a severe capex squeeze in the final th...
The comments come after the government last month withdrew proposals to set up the agency, with Jaitley adding then the government would consult with the central bank and unveil a new roadmap.
The rupee has fallen nearly 1 per cent against the US dollar so far this year, despite signs of an improving economy, with analysts predicting India could surpass China's growth.