French companies have invested more than $1 billion per year in India.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
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 decision ahead of Japanese Prime Minister Shinzo Abe's visit beginning on Friday gives Tokyo an early lead over China.
The government wants to introduce a nationwide goods and services tax to revive its stalled reform programme.
Encouragingly, the recovery also appears to be becoming broad-based
Although the RBI is not statutorily independent from the government, Rajan, like previous RBI Governors, has long valued his independence.
The government is aiming for an 8-10 per cent annual economic growth.
The rapid deceleration in prices has ignited a debate in New Delhi whether Asia's third-largest economy is heading towards deflation.
The fields have reserves of about 89 million tonnes
Many officials had been talking of taking the baton of global growth.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Modi's reform agenda suffered a major setback earlier this month when lawmakers in the Rajya Sabha refused to support the the Goods and Service Tax bill.
Local businesses are fretting over reform setbacks.
Opposition politicians on Wednesday stalled a last minute attempt by Prime Minister Narendra Modi's government to pass the Goods and Service Tax bill.
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