Abhijit Roy Chowdhury Bloomberg
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India Plans Record Borrowing to Spend Big To Spur Growth
India doubled down on its spending commitment, relying on an already swamped debt market to borrow and spend big to spur growth
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India Plans Record Borrowing To Spend Big To Spur Growth
India doubled down on its spending commitment, relying on an already swamped debt market to borrow and spend big to spur growth.
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Crypto Rules Violators Could Be Fined Rs 20 Crore Or Get Jail Term: Report
India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.
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Rs 45,000-Crore Relief For Vodafone, Airtel As Government Defers Dues
The proposal was recommended by a panel of senior bureaucrats under Prime Minister Narendra Modi to help wireless carriers the government estimates owe more than $20 billion in license fees and spectrum charges. The relief will be worth as much as Rs 45,000 crore ($6.3 billion) and the panel will continue to discuss other measures to help the indus...
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100 New Airports In India By 2024 At A Cost Of Rs 1 Lakh Crore: Report
India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia's third-largest economy, according to people with knowledge of the matter.
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Political Stability Should Push Animal Spirits Of Economy: Economic Survey
Real gross domestic product growth for the fiscal year started April 1 is projected at 7 per cent, government said in its Economic Survey report.
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Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
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Foreign Media On First No-Confidence Vote In India In 15 Years
No-confidence motion: The era of India's coalition politics is back. With Prime Minister Narendra Modi's 2014 wave of popularity receding, polls show the ruling Bharatiya Janata Party may fall short of a full majority in next year's federal election, prompting the opposition parties to put aside their ideological differences and unite.
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Foreign Media On PM Modi Facing No-Confidence Motion Ahead of 2019 Polls
Prime Minister Narendra Modi's government faces a no-confidence vote on Friday as the opposition uses the new monsoon session of India's parliament to challenge his administration ahead of general elections early next year.
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Financial Crisis Threatens Congress Plans To Topple PM Modi: Report
The Congress is facing a financial crisis that could undermine its ability to wrest power from Prime Minister Narendra Modi's wealthy Bharatiya Janata Party (BJP) in 2019.
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Budget 2018 Looks To Placate Angry Rural Voters, Create Jobs
India will miss its deficit targets as Prime Minister Narendra Modi looks to placate angry rural voters and create jobs before national elections next year.
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Government Said To Propose Long-Term Capital Gains Tax On Stocks
The S&P BSE Sensex fell 0.3 per cent at 12:28 p.m., erasing previous gains of as much as 0.7 per cent.
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Government Does Not Rule Out Fiscal Consolidation Pause This Year
"A pause would imply a fiscal deficit target similar to last year, that is 3.5% of GDP," said Sonal Varma, chief India economist at Nomura Holdings Inc.
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PM Modi's Efforts Pay Off, Infrastructure Projects On A Roll
Prime Minister Narendra Modi's efforts to push delayed infrastructure projects are paying off.
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Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
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India Plans Record Borrowing to Spend Big To Spur Growth
India doubled down on its spending commitment, relying on an already swamped debt market to borrow and spend big to spur growth
-
India Plans Record Borrowing To Spend Big To Spur Growth
India doubled down on its spending commitment, relying on an already swamped debt market to borrow and spend big to spur growth.
-
Crypto Rules Violators Could Be Fined Rs 20 Crore Or Get Jail Term: Report
India is considering appointing its capital markets regulator to oversee cryptocurrencies, according to people with knowledge of the matter, as authorities look to classify them as financial assets.
-
Rs 45,000-Crore Relief For Vodafone, Airtel As Government Defers Dues
The proposal was recommended by a panel of senior bureaucrats under Prime Minister Narendra Modi to help wireless carriers the government estimates owe more than $20 billion in license fees and spectrum charges. The relief will be worth as much as Rs 45,000 crore ($6.3 billion) and the panel will continue to discuss other measures to help the indus...
-
100 New Airports In India By 2024 At A Cost Of Rs 1 Lakh Crore: Report
India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia's third-largest economy, according to people with knowledge of the matter.
-
Political Stability Should Push Animal Spirits Of Economy: Economic Survey
Real gross domestic product growth for the fiscal year started April 1 is projected at 7 per cent, government said in its Economic Survey report.
-
Modi Government To Now Pump $330 Million Into Air India
Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years. The Modi government has said it has a four-part strategy for Air India -- a financial package, a branding refresh, organizational and governance reforms, and a plan to motivate staff.
-
Foreign Media On First No-Confidence Vote In India In 15 Years
No-confidence motion: The era of India's coalition politics is back. With Prime Minister Narendra Modi's 2014 wave of popularity receding, polls show the ruling Bharatiya Janata Party may fall short of a full majority in next year's federal election, prompting the opposition parties to put aside their ideological differences and unite.
-
Foreign Media On PM Modi Facing No-Confidence Motion Ahead of 2019 Polls
Prime Minister Narendra Modi's government faces a no-confidence vote on Friday as the opposition uses the new monsoon session of India's parliament to challenge his administration ahead of general elections early next year.
-
Financial Crisis Threatens Congress Plans To Topple PM Modi: Report
The Congress is facing a financial crisis that could undermine its ability to wrest power from Prime Minister Narendra Modi's wealthy Bharatiya Janata Party (BJP) in 2019.
-
Budget 2018 Looks To Placate Angry Rural Voters, Create Jobs
India will miss its deficit targets as Prime Minister Narendra Modi looks to placate angry rural voters and create jobs before national elections next year.
-
Government Said To Propose Long-Term Capital Gains Tax On Stocks
The S&P BSE Sensex fell 0.3 per cent at 12:28 p.m., erasing previous gains of as much as 0.7 per cent.
-
Government Does Not Rule Out Fiscal Consolidation Pause This Year
"A pause would imply a fiscal deficit target similar to last year, that is 3.5% of GDP," said Sonal Varma, chief India economist at Nomura Holdings Inc.
-
PM Modi's Efforts Pay Off, Infrastructure Projects On A Roll
Prime Minister Narendra Modi's efforts to push delayed infrastructure projects are paying off.
-
Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
