Friday, March 1, 2013
India must make tough spending choices, Finance Minister P. Chidambaram said on Thursday, even as he unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly anticipated Indian budgets of recent years.
Monday, February 25, 2013
Indian software tycoon Azim Premji said Saturday he has given US$2.3 billion to an education charity that he controls, reportedly the biggest charitable donation in the country's recent history.
Sunday, February 24, 2013
India on Friday unveiled rules for issuing new bank licenses in a push to expand financial services into the country's rural hinterland where hundreds of thousands of villages have no banking outlets.
Thursday, February 21, 2013
Shares in India's debt-laden Kingfisher Airlines rose 5 percent Tuesday after its parent firm United Breweries said it would raise the sum it can lend to the carrier, which is desperate for cash.
Sunday, February 17, 2013
India is seeking to cancel a US$750 million order for a dozen helicopters from Italian defense group Finmeccanica, the defense ministry said on Friday, responding to growing pressure over kickback allegations.
Tuesday, February 12, 2013
Thursday, February 7, 2013
India, the world's leading importer of weaponry, opened one of Asia's biggest aviation trade shows Wednesday with Western suppliers eyeing lucrative deals and a Chinese delegation attending for the first time.
Wednesday, February 6, 2013
India's ailing Kingfisher Airlines, whose planes have been grounded since October, posted a net loss of 7.55 billion rupees (US$142 million) in the three months to December, the company said on Tuesday.
Monday, February 4, 2013
South Asia's biggest air show kicks off in India on Wednesday, where global armament firms will be vying for multibillion-dollar contracts from the world's biggest importer of weapons.
Wednesday, January 30, 2013
India's central bank cut interest rates for the first time in nine months Tuesday and lowered the amount of cash banks must keep in reserve as it looks to boost investment and kickstart the flagging economy.