Anirban Nag And Archana Chaudhary Bloomberg
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India's Budget Threat In Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
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RBI Gets 'Mojo Back', Shows Independent Streak in Budget Risks Warning
While it kept its overall stance neutral, one of the six-member committee gave up his rate cut call while another voted for a 25 basis-point increase.
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Economist Who Predicted Growth Slump Sees Lingering Pain From Notes Ban
Government data on Thursday showed consumption continued to fall under the impact of Prime Minister Narendra Modi's clampdown on cash and investment stayed sluggish.
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PM Modi Anti-Graft Drive Hit, 99% Of Banned Notes Returned
People have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank's profit and dealing a blow to his drive to unearth unaccounted wealth.
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RBI Placates With A Rate Cut, Over To PM Modi
The Reserve Bank of India lowered its benchmark repurchase rate to 6 percent from 6.25 percent, as widely expected, and called on local administrations to speed up projects because there's "an urgent need" to boost private investment.
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Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
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PM Narendra Modi's GST Challenge Makes Donald Trump's Tax Overhaul Look Easy
The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider's web of taxes, arcane regulations and competing political ambitions into a unified common market.
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India's Budget Threat In Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
-
RBI Gets 'Mojo Back', Shows Independent Streak in Budget Risks Warning
While it kept its overall stance neutral, one of the six-member committee gave up his rate cut call while another voted for a 25 basis-point increase.
-
Economist Who Predicted Growth Slump Sees Lingering Pain From Notes Ban
Government data on Thursday showed consumption continued to fall under the impact of Prime Minister Narendra Modi's clampdown on cash and investment stayed sluggish.
-
PM Modi Anti-Graft Drive Hit, 99% Of Banned Notes Returned
People have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank's profit and dealing a blow to his drive to unearth unaccounted wealth.
-
RBI Placates With A Rate Cut, Over To PM Modi
The Reserve Bank of India lowered its benchmark repurchase rate to 6 percent from 6.25 percent, as widely expected, and called on local administrations to speed up projects because there's "an urgent need" to boost private investment.
-
Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
-
PM Narendra Modi's GST Challenge Makes Donald Trump's Tax Overhaul Look Easy
The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider's web of taxes, arcane regulations and competing political ambitions into a unified common market.
