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India eases tax rules for foreign investors

India, June 6 -- The Modi Government on Friday exempted foreign investors from income tax on interest earnings and capital gains from Government securities as it looked to attract foreign capital to c... Read More


India slams Gilgit-Baltistan polls

India, June 6 -- India on Friday lodged a strong diplomatic protest against Pakistan's decision to conduct so-called "General Elections" for the "Gilgit-Baltistan Assembly" on June 7, asserting that t... Read More


Shah vows zero tolerance on demographic shifts

India, June 6 -- Union Home Minister Amit Shah on Friday said demographic changes in West Bengal, Tripura and Bihar will not be tolerated, as he addressed BSF personnel at the Lankamura Border Outpost... Read More


Weak monsoon may impact rural demand: RBI Governor

India, June 6 -- The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said a projected deficiency in the south-west monsoon could impact rural demand and private consumption, though miti... Read More


Paying beyond disclosed rates to attract deposits not acceptable: Governor

India, June 6 -- Reserve Bank Governor Sanjay Malhotra on Friday said payment of a higher interest rate than the one already disclosed is "not acceptable" to the central Bank. He, however, declined t... Read More


'Polymer currency notes proposal under consideration'

India, June 6 -- RBI Governor Sanjay Malhotra on Friday said a proposal to introduce polymer currency notes is under consideration of the central bank, and the idea is currently at a preliminary stage... Read More


'Stable home loan interest rate to sustain housing demand'

India, June 6 -- Real estate industry bodies CREDAI and NAREDCO on Friday hailed the RBI's decision to keep repo rate unchanged despite inflationary concerns, saying a stable interest rate regime woul... Read More


India to surpass China in share of global GDP by 2060: Report

India, June 6 -- India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, as Beijing's contribution is likely to decline in the second ... Read More


Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: Chairman

India, June 6 -- Tata Motors Ltd will expand globally, gain leadership in emerging segments while sustaining top position where it is strong in the next five years, with the Iveco acquisition set to h... Read More


Rupee rises 81 paise to close at 94.93 against US dollar

India, June 6 -- The rupee appreciated 81 paise to close at 94.93 (provisional) against the US dollar on Friday after the Reserve Bank announced measures to support foreign capital inflows and strengt... Read More