All stories by Nigam Prusty And Manoj Kumar
India seeks $4 billion spending boost, almost half for state banks
Rediff.com31 Jul 2015Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
Jolt for Modi govt as Opposition baulks at insurance bill
Rediff.com14 Aug 2014The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.