image descriptionArchives

New India budget aimed at boosting growth and infrastructure

By Sat, Feb 28, 2015 6:58PM UTC 0 Comment

NEW DELHI (AP) — India's finance minister has announced his government's new budget, promising a slew of measures that attempt to balance welfare spending with high economic growth and infrastructure development while vowing to keep a tight control on fiscal deficit....

India predicts growth over 8 percent, set for ‘big bang’ reforms

By Fri, Feb 27, 2015 6:53PM UTC Comments Off

NEW DELHI (AP) — A government report says India's economy will grow more than 8 percent in the upcoming financial year and appears to have shaken off its persistent problems of high inflation, rising budget deficits and poor domestic demand....

India to foreign CEOs: ‘We’re waiting for you’

By Wed, Nov 05, 2014 7:39PM UTC 0 Comment

NEW DELHI (AP) — India's finance minister is urging foreign investors to help plug enormous gaps in the country's infrastructure blamed for holding up growth....

In major economic reform move, India deregulates diesel, raises gas prices

By Mon, Oct 20, 2014 8:57AM UTC Comments Off

India has deregulated prices for diesel fuel while raising the cost of natural gas in the biggest-yet economic reform announced by new Prime Minister Narendra Modi's government....

India stocks, rupee rise as exit polls tip BJP win

By Tue, May 13, 2014 3:45PM UTC 1 Comment

NEW DELHI (AP) — India's stock market and currency have been buoyed by exit polls predicting election victory for a pro-business party and its allies....