NEW DELHI, February 1, 2025 (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In
NEW DELHI, Jan 31 (Reuters) – The Indian government’s economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3%-6.8% in 2025-26, according to two sources familiar with the matter. The forecast suggests economic conditions
NEW DELHI, Jan 23 (Reuters) – India plans to increase spending for the agriculture sector by about 15% to around $20 billion in next month’s budget, two government sources said, marking the biggest increase in six years, as it tries to boost
NEW DELHI, Dec 26 (Reuters) – The government is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February’s budget to provide relief to the middle class and boost consumption as the economy slows, two
