NEW DELHI – India’s government pledged 750 billion rupees ($10.56 billion) to support poor farmers and reduced the tax burden for the middle class on Friday, as it looked to rally support from voters with the final budget before a general election. Heading into polls that must be […]
MUMBAI – “Peanuts” was how one rural politician described a 6,000 rupee ($84) yearly handout to small farmers promised in Friday’s budget as Indian Prime Minister Narendra Modi tries to secure the support of rural voters in a forthcoming election. Recent polls predict Modi’s ruling Bharatiya Janata Party […]
Mumbai : Benchmark equity indices held on to gains Friday morning even as the Budget overshot the fiscal deficit target for the current financial year. The 30-share BSE Sensex was trading 157.10 points, or 0.43 per cent, higher at 36,413.79. Similarly, the 50-share NSE Nifty rose 43.25, or 0.40 […]
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