The inflation target of the RBI would be reviewed once every five years.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
Infrastructure accounts for nearly 38 per cent of India's industrial output
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
Retail inflation has eased from double digits in 2013.
To meet the target, agriculture must grow at 15% compared to average of below 2% over the past four years
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
India has already pipped Japan as the world's third-largest oil consumer.
India's exports shrank in January for the 14th straight month on continued weak demand from Europe
A strong showing will be vital to Narendra Modi's chances of a second term.
'We need to look beyond the current approach'.
A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
French companies have invested more than $1 billion per year in India.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
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