India saves $1.8 bn on fertiliser subsidies, but no reform planned

Last Updated: Friday, September 4, 2015, 16:01

India could save about $1.8 billion on fertilizer subsidies this year thanks to low energy prices but Prime Minister Narendra Modi`s government, two sources said, has no plans to remove price controls, a reform that would risk angering farmers.

Scam versus scam politics stalls India's reform agenda

Last Updated: Thursday, July 23, 2015, 21:11

Since the monsoon sitting of parliament began on Tuesday, the ruling Bharatiya Janata Party (BJP) and the main opposition Congress party have been trying to outdo each other with accusations of who is the most corrupt.

Indo-US ties moving away from buyer-seller cooperation: PM

Last Updated: Tuesday, October 1, 2013, 21:43

An upbeat Prime Minister Manmohan Singh today said steps have been taken to expand the Indo-US ties and move away from a buyer-seller cooperation to joint development and production in the field of defence.

Overseas bonds a better tool to salvage rupee, says Barclays

Last Updated: Thursday, July 18, 2013, 21:50

Calling for more reform measures to stem the rupee free fall, Barclays Capital today said an offshore bond issuance could be the most potent near-term option to support the Indian currency.

India committed to reforms agenda: Sharma

Last Updated: Thursday, July 19, 2012, 23:18

The government has "binding commitment" to economic reforms and is working towards investor friendly policies, Commerce and Industry Minister Anand Sharma said Thursday.