New Delhi was reluctant to spook investors by clipping the bank's wings
Concern would kick in if imports stay at or over 100 tonnes a month.
India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon
Consumer food price inflation eased to 6.14%.
It was 2.6% in January.
The revision was announced before Indian markets opened on Thursday.
Lenders fret over stubbornly weak credit growth and still high funding costs.
The exemption from MAT does not apply retroactively.
The output had expanded 1.8 per cent year-on-year in January.
India builds up record FX after Fed hints rate hike in future.
The move will likely attract more retail investors.
Wholesale prices fall 2.06% in February.
Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.
Jaitley promised higher investment in roads and railways.
Inflation is on a declining trend, Eco Survey stated.
India is Asia's third-best performing equity market.
Narendra Modi has made it easier for businesses to buy farm land.
Search is on for reliable indicators of underlying activity.
India's latest GDP numbers do not signal robust economic growth in near term.
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.