Nirmala Sitharaman
Finance
State-run banks report frauds of over $13 bn in April-September
India’s state-run banks reported fraud worth 957.6 billion rupees ($13.34 billion) in the first six months of the fiscal...
Economy
Tax officials find PM Modi's targets too taxing, some quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect...
Infrastructure
Will the govt's real estate fund ease the housing sector's pain?
The government’s decision to set up an investment fund to revive stalled housing projects will help improve supply and sentiment...
Infrastructure
Govt approves $1.4 bn for fund to help stalled housing projects
India’s cabinet has approved 100 billion rupees ($1.4 billion) for a fund to help clear stalled housing projects, Finance...
Finance
India to miss fiscal deficit target as slowing growth crimps tax revenue
India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......
Economy
India cannot sacrifice economic strength to comply with US sanctions: Sitharaman
India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its...
Economy
World Bank slashes India's growth forecast to 6% for this fiscal year
The World Bank on Sunday slashed its growth forecast for India’s current fiscal year to 6%, down from 7.5%, warning ......
Markets
Sensex, Nifty slide as banks slump; earnings in focus
Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy,...
Markets
Indian equities lure foreign money in September on corporate tax cuts
India and Taiwan equities received strong foreign inflows in September due to some local factors, but other regional markets saw...