India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalize banks, an adviser to the prime minister said on Tuesday. More »
India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said. More »
Alphabet Inc's Google on Monday launched a localized payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space. More »
A map illustrating China’s silk road economic belt and the 21st century maritime silk road, or the so-called ”One Belt, One Road” megaproject, is displayed at the Asian Financial Forum in Hong Kong, China January 18, 2016. REUTERS/Bobby Yip When leaders of 28 ... More »
