India's industrial production shrunk for the third straight month in December, dragged down by weak investment and consumer demand and pointing to continued sluggishness in Asia's third-largest economy.
The inter-meeting rate cut by the Reserve Bank of India (RBI) indicates a shift in its monetary policy stance, the finance ministry's chief economic adviser Arvind Subramanian said on Thursday.
Naxals looted six automatic weapons -- two AK-47s and as many INSAS and self loading rifles -- of the deceased personnel.
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
Subramanian, a senior fellow at the Peterson Institute for International Economics in Washington, attended a news conference in New Delhi at which his appointment was announced.
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
An investigation by the government into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the Reserve Bank of India (RBI), officials familiar with the matter said.
Exports in January 2014 stood at $26.89 billion.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
The banks have asked the court to demand his return and to impound his passport.
The revision was announced before Indian markets opened on Thursday.
Tension gripped Meerut's Kharkhauda and Atrada areas as members of a particular communities attacked and pelted stone at the houses of members of another community on Sunday night, over the alleged gangrape and religious conversion of a 20-year-old woman.
Retail inflation has eased from double digits in 2013.
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Eminent free market economist Arvind Panagariya has been appointed to run Indian Prime Minister Narendra Modi's new Policy Commission, set up to modernise economic strategy after decades of Soviet-style central planning.
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
The new bond was changing hands at 7.72 per cent.
India will find it difficult to support new global customs rules without "an assurance and visible outcomes" that a permanent solution is being negotiated over its concerns about public food stockholdings, the trade minister said on Friday.
The RBI is not statutorily independent from the government but has long enjoyed wide latitude
Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans, but the general direction will remain the same
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
The petroleum ministry has blamed negligence for causing the devastating fire at state-owned gas transporter GAIL India Ltd's gas pipeline in Andhra Pradesh that killed 22 people.
Modi's government sees itself in a sweet spot with spare cash.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
Three policymakers aware of the central bank's deliberations on the Budget said they are combing through the numbers to test how Jaitley struck a balance, and question some of the assumptions.
Lower crude prices mean less government outlay for India,
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Swaraj said the Centre was taking immediate action and that UP CM Yogi Adityanath had assured her of a fair and impartial investigation.
District Magistrate of Saharanpur, which recently witnessed communal clashes claiming 3 lives, was on Monday night transferred in a major reshuffle of Uttar Pradesh bureaucracy.
The finance minister chided the central bank on Tuesday over its focus on fighting inflation, saying the Reserve Bank of India (RBI) also needed to abide by the government policy to promote economic growth.
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
The United Nations estimates about one third of the world's 1.2 billion poorest people live in India
ndia has said it is ready to sign the global trade deal as early as next month if other WTO members agree to its demand for concessions on food subsidies.
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.
Policymakers have been grappling with high prices for food staples such as onions and potatoes even after the central bank raised interest rates by a quarter percentage point in each of its previous two reviews.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
Still, the failure of the agreement should signal a move away from monolithic single undertaking agreements that have defined the body for decades.
As Modi completes a year in office, his cuts in federal welfare spending on the poorest of India's 1.25 bn people are coming in for sharp criticism.
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