‘What Is The Poor You Are Talking About?’: FM
Faced with criticism for her latest Budget not doing enough for the poor, Finance Minister Nirmala Sitharaman on Friday mocked...
Finance Minister Nirmala Sitharaman
Govt’s Latest Stimulus To Boost Jobs, Credit, Farm Sector
The government announced a fresh stimulus of $16.1 billion on Thursday to be spent largely on creating jobs and boosting...
India’s Coronavirus Cases Tally Hits 7.8 Million
India’s coronavirus infections reached a total of 7.76 million, with 54,366 new cases being reported in the last 24 hours,...
Economy Slows In March Quarter, Worst Yet To Come
India’s economy grew at 3.1% in the January-March quarter, its slowest pace in at least eight years, and the situation...
India To Privatise State-Run Companies & Halt Fresh Insolvencies
India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year,...
Free Foodgrains For Millions Of Migrant Workers
India will provide free foodgrains to millions of migrant workers hardest hit by a weeks-long lockdown as well as offer...
Major Credit Line For Small Businesses, Lenders Unveiled
The government said on Wednesday it will offer nearly $60 billion of loan guarantees for small businesses, shadow banks and...
$23-bn Eco Stimulus To Help Poor Hit By Lockdown
India announced on Thursday a 1.7-trillion-rupee ($22.6-billion) economic stimulus plan providing direct cash transfers and food security measures to give...
Yes Bank Debacle Jolts Customers And Partners
Shares in Yes Bank plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after...
Economy To Bounce Back As Slump Bottoms Out
Indian economic growth is poised to bounce back after slipping to a more than six-year low of 4.5% in the...
Modi’s Guarded Stimulus Unlikely To Revive Growth
India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a...
Budget 2020/21: Govt Proposes Cuts In Personal I-T
Finance Minister Nirmala Sitharaman on Saturday announced cuts in personal income tax (I-T), extended tax benefits for affordable housing and...
Budget Highlights: Boost To Income, Purchasing Power
Finance Minister Nirmala Sitharaman on Saturday unveiled the budget for fiscal year 2020-21, vowing to boost income of Indians and...
Budget 2020/21: Govt To Spend $40bn On Farm Sector
The government said on Saturday it would inject nearly $40 billion into the sprawling farm sector and billions more into...
Budget Likely To Increase Spending To Spur Growth
Prime Minister Narendra Modi’s government is likely to increase state spending on infrastructure and offer some tax incentives in its...
Govt. Forecasts Faster Economic Growth, Fiscal Challenge
India’s government forecasts economic growth will pick up from 6.0% to 6.5% in the fiscal year beginning April 1, but...
BJP Wants Tax Tweaks To Attract Foreign Investors
Prime Minister Narendra Modi’s party has recommended adjusting rules on taxing equity market returns in the upcoming budget on Feb....
Rising Food Prices Push Dec Retail Inflation To Over 5-Year High
India’s annual retail inflation accelerated to 7.35% in December, the highest in more than five years, strengthening views that the...
India Plans To Cut Spending To Curb Deficit, May Hurt Growth
India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion rupees as...
Students, BJP Youth Wing Clash In JNU
Clashes broke out late on Sunday between students of New Delhi’s Jawaharlal Nehru University (JNU), who were protesting against a...
Tenfold Rise In Onion Prices Leaves Indians Teary-Eyed
As onion prices in India have soared tenfold this year, Mukesh Thoke, a restaurant owner on the outskirts of Mumbai,...
India To Offload Bharat Petroleum In State Stake Sell-Off
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp Limited (BPCL), finance minister...
BJP Making India’s Best Organisations Hollow, Selling Them: Priyanka
Congress leader Priyanka Gandhi Vadra on Wednesday hit out at the government over Finance Minister Nirmala Sitharaman's reported remarks that...
Indian Tax Officials Find Modi’s Targets Too Taxing, Some Quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect 17% more in...
India Cannot Sacrifice Economic Strength To Comply With U.S. Sanctions – Finance Minister
India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its...
