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7 Jun 24
India’s economic plans are under view after the lead party failed to win a majority
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21 May 24
Can welfare pledges seal India’s election results?
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10 Mar 23
Higher fossil fuel taxes in India could fund renewable investments to improve energy security and save lives, economists at the International Monetary Fund have said.
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2 Feb 23
The Indian government will continue to raise capital spending in 2023-24, in a bid to “ramp up the virtuous cycle of investment and job creation”.
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25 Jan 23
The Indian government has raised close to $1bn from its inaugural green bond to help fund investments in the transition towards net zero.
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19 Oct 22
The Indian government’s large external reserves will help cushion the impacts of international financial shocks, economists at Fitch have said.
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10 Jun 22
India’s high GDP growth following the initial shock from Covid-19 has helped boost confidence in the country’s public finances.
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1 Apr 22
Soaring inflation stemming from Russia’s invasion of Ukraine, could force Asia Pacific to issue more debt to fund increased spending, putting pressures on finances, according to ratings agency S&...
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2 Feb 22
The Indian government is set to launch its first sovereign green bond as part of its 2022-23 budget, to help finance public sector projects geared at reducing reliance on carbon-intensive industries...
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25 Nov 21
More than 300 million more people in India will receive Covid-19 vaccines following the approval of a loan from the Asian Development Bank.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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25 Oct 21
Indian prime minister Narendra Modi has hailed his country’s Covid-19 vaccine drive as setting “new benchmarks of public service delivery” and spurring the economic recovery.
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6 Oct 21
Ratings agency Moody’s has upgraded the outlook on India’s credit rating to stable from negative based on optimism about a reduction in the government deficit.
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24 Aug 21
Leasing state-owned infrastructure is set to make the government 6trn rupees (£59bn) in the next four years to fund new capital spending, according to official plans.
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5 May 21
India’s second wave of Covid-19 could derail its previously strong economic recovery and damage its credit profile, ratings agency S&P Global has said.
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13 Apr 21
India’s planned 111 trillion rupees (£1trn) investment in infrastructure will require the state to play a major role in attracting investment, according to ratings agency Standard and Poor’s.
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18 Aug 20
A $1bn loan will help India build a modern high-speed rail system around its capital city, the Asian Development Bank has said after it approved the financing deal.
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5 Mar 20
The Indian cabinet has given the green light to merge 10 public sector banks into four with effect from 1 April.
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2 Dec 19
India is to unveil a series of new infrastructure projects this month that will form part of 100trn rupees of planned investment for the next five years.
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5 Nov 19
A large workforce of young people could propel South Asia into accounting for a third of global economic growth by 2040, according to IMF researchers.
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14 Oct 19
Growth in South Asia is projected to slow, the World Bank has warned, and a rebound is uncertain in the short term.
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9 Oct 19
India has received for the first time data about Swiss bank accounts held by its residents in a major breakthrough in the country’s war against black money.
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30 Sep 19
India’s economy is growing more slowly than expected this year but is still one of the fastest in the world, the Asian Development Bank has said.
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22 Aug 19
India’s former finance minister Palaniappan Chidambaram was arrested late last night in relation to corruption and money laundering allegations.
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8 Jul 19
Investors have reacted badly to India’s first federal budget since prime minister Narendra Modi’s Bharatiya Janata Party retained power in recent elections.