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BIG changes are afoot in Indian agriculture, driven by Prime Minister Narendra Modi, at considerable political risk. Freeing up farming markets may be as significant as dismantling industrial licences in 1991.
NARENDRA Modi says, “Make in India.” Toyota Motor Corp says, stop treating cars as though they were drugs or alcohol.
MUMBAI: Airlines in India are seeking at least US$1.5bil as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as lockdowns and restrictions linked to the coronavirus pandemic hit demand for air travel.
NEW DELHI: India is planning to raise surveillance of copper and aluminium imports while developing policies to curb shipments from China and other Asian nations to protect domestic producers, said two government sources and an industry official
“DID inflation-targeting kill India’s growth story?” asks the headline of a recent article in the Mint newspaper.
EMERGING markets will exit the coronavirus pandemic with a heavy fiscal load. Many will see their public debt balloon; some will also have to carry a bigger interest burden. A smaller group may need costly repairs to broken banks.
NEW DELHI: India’s top court approved a 10-year payment plan for telecom companies to clear combined back-fees worth 1.4 trillion rupees (US$19bil), a ruling that may give cash strapped Vodafone Idea Ltd some room to maneuvre.
LAST month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to buy seed and fertiliser as the monsoon sowing season approached