Narendra Modi
Economy
Govt plans new law to protect foreign investment
India is planning a new law to safeguard foreign investment by speeding up dispute resolution, aiming to attract more capital ......
Finance
Govt appoints Michael Patra as RBI deputy governor
India’s government appointed career central banker Michael Patra as one of the Reserve Bank of India’s four deputy governors for ......
Finance
Retail inflation accelerates to more than five-year high in December
India’s annual retail inflation accelerated to 7.35% in December, the highest in more than five years, strengthening views that the ......
Manufacturing
Slowing economy led to record drop in car sales in 2019
Car sales in India fell by a record 19% last year as a slowing economy made consumers reluctant to spend ......
Economy
Govt to seek more dividend from RBI amid revenue shortfall
India’s government plans to push the central bank for a fiscal lifeline in the form of another interim dividend, as ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
India on Tuesday forecast 5% growth for the current financial year, the slowest pace in 11 years, which will likely ......
Economy
Govt 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 Indian rupees ......
Economy
Flashback 2019: The year when the economy took a hard right turn towards turmoil
Soon after winning a second term in May, Prime Minister Narendra Modi set a target to boost the Indian economy’s ......
Finance
Govt may cut capital gains tax, personal income tax rates in budget
The government is likely to trim personal income tax rates and cut the tax on long-term capital gains from equity ......
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