Opposition politicians on Wednesday stalled a last minute attempt by Prime Minister Narendra Modi's government to pass the Goods and Service Tax bill.
GST is the biggest revenue shake-up since independence
The proposed changes making it easier for government and businesses to buy farm land are now likely to be implemented by states, not by the central government
Modi placed a $12.6 billion bet in this year's budget on road building
India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.
Worries over Greece sparked a sell-off in emerging markets on Monday
Retail food inflation eased to 4.80% last May.
The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
New Delhi says existing food stocks will be sufficient to contain any food price shock.
Overhauling India's bloated and often sluggish state banks is critical for the government
He assured fears of food shortages were far-fetched.
To cover most of the gap, the road ministry plans to raise $7 billion.
India likely to overtake China on strong GDP growth.
Modi has taken a slew of measures to attract investment, but he has yet to initiate steps that could help repair corporate balance sheets.
New Delhi was reluctant to spook investors by clipping the bank's wings
India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon
Consumer food price inflation eased to 6.14%.
The size of bilateral trade is only $6 billion a year.
It was 2.6% in January.
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