To meet the target, agriculture must grow at 15% compared to average of below 2% over the past four years
India's exports shrank in January for the 14th straight month on continued weak demand from Europe
A strong showing will be vital to Narendra Modi's chances of a second term.
The slowdown is especially pronounced in rural areas, which have suffered two consecutive dry years.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
French companies have invested more than $1 billion per year in India.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
Critics say the programme, launched 10 months ago in India in collaboration with operator Reliance Communications, violates principles of net neutrality
The Prime Minister tends to keep such decisions close to his chest.
India is more insulated to Fed-related volatility than other emerging markets due to its better economic fundamentals
GST is intended to create a single market and boost commerce in India's $2 trillion economy
Clouding the inflation outlook is the recommendation of the 7th pay panel for an average 24 per cent pay hike for millions of its employees, which would lift demand-driven price pressures.
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
The tax would create a single market in India for the first time.
Encouragingly, the recovery also appears to be becoming broad-based
PM said he admires German leadership in clean energy and commitment to combating climate change.