India’s fraud office will inquire into reports of alleged siphoning of cash by the Singh brothers.
PNB fell the most in a week after reporting a $1.8 billion fraud in a Mumbai branch.
India Markets Regulator Probing Matter Involving Singhs' Fortis
Under the National Health Protection Scheme, each family will get a cover of up to Rs 500,000.
Securities transaction tax to stay, says Finance Secretary.
Ten Indian foreign single-brand retailers will start operations after Modi removed the need for a federal approval.
India is considering lowering hydro-electric power tariffs to help them compete with cheaper electricity.
India slashed tax rates on some goods and services just days ahead of the country’s budget
India’s power ministry is considering amending the Electricity Act to speed up growth in EV charging stations.
Government eases restrictions on foreign direct investment across several sectors.
Gold imports by India surged 37% in December.
Chaotically implemented GST is derailing government revenue and trade too.
With increasing interest and bids for stressed assets, Punjab National Bank may not have to take “huge haircuts.”
India will borrow additional 500 billion rupees ($7.79 billion) this year in a bid to maintain its spending.
India increased the customs duty on some electronics in a bid to curb imports and boost local manufacturing.
Slashing taxes will bring India at par with international centers such as Antwerp and Israel.
The government has sought the suspension of Unitech’s existing board of directors and its chief financial officer.
Elevated gold supplies and subdued demand in the domestic market are likely to weigh upon Indian gold imports.
The incentives are meant to help exporters tide over a chaotic roll out of the new sales tax.
Fast Retailing Co. seeks to do business in India under the Uniqlo brand name.
Lotte may invest between $3 billion and $5 billion in the next five years.