Indian Fin Min: China slowdown is an opportunity If India is able to maintain its economic growth and pace of policy changes, a slower-growing China may create the opportunity for India to attract more investors, says Arun Jaitley, Finance Minister of India.
This is Uber's 'most powerful weapon' Arun Sundararajan, professor of information, operations and management sciences at New York University's Leonard N. Stern School of Business, says consumer support is Uber's most powerful weapon against regulators.
India FinMin: I want rates to come down The chorus calling for India's central bank to lower interest rates at its meeting next week gained a new voice, with the finance minister telling CNBC he also wants a cut.
| By: Leslie Shaffer
India's dream of borderless trade grinds to a halt at checkpoints WALAYAR/ NEW DELHI, India, Sept 18- At the Walayar checkpoint in southern India, lines of idle trucks stretch as far as the eye can see in both directions along the tree-lined interstate highway, waiting for clearance from tax inspectors that can take days to complete. Delays are so bad that textile entrepreneur D Bala Sundaram has stopped sending his trucks to the...
| By: Sandhya Ravishankar and Rajesh Kumar Singh
UPDATE 1-Indian officials talk up economic stability before Fed decision NEW DELHI, Sept 17- Indian policymakers highlighted the resilience of Asia's third-largest economy on Thursday, as world markets braced for what could be the first increase in U.S. interest rates since before the global financial crisis. Addressing a business conference, Finance Minister Arun Jaitley outlined the government's growth-friendly reform...
| By: Rajesh Kumar Singh and Manoj Kumar
INTERVIEW-India considering allowing state pension funds to invest more in equities NEW DELHI, Sept 16- India is considering allowing state retirement funds to invest more in equities and opening them up to private-sector management to improve returns, as Prime Minister Narendra Modi seeks to expand the country's tiny pensions net. Hemant Contractor, head of the Pension Fund Regulatory and Development Authority, told Reuters he was pushing...
| By: Manoj Kumar
UPDATE 2-India imposes 20 pct duty on some foreign steel products as imports surge NEW DELHI, Sept 14- India imposed a 20 percent import tax on some steel products with immediate effect on Monday, Finance Minister Arun Jaitley said, as the government investigates a threat to domestic companies from rising imports from China, Japan, South Korea and Russia. The products subject to the new tax together accounted for more than half of the 5.5 million...
| By: Manoj Kumar and Krishna N. Das