Manoj Kumar In New Delhi

India's trade deficit widens to three-month high in May

Imports dropped 13.16 per cent year-on-year

India to crack down on savings scams as Modi backs banking for all

India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.

India eyes oil-for-drugs deal with Venezuela to recoup pharma cash

Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency

India to take on defaulters as parliament approves bankruptcy bill

The insolvency and bankruptcy code will strengthen the hands of lenders to recover outstanding debts by setting a deadline of 180 days for companies to pay or face liquidation

RBI to get rates panel in policy shift

Three members will be representatives from the government, and three from the RBI.

Lok Sabha backs bankruptcy code, key to debt cleanup

March infrastructure output grows fastest in 16 months

Infrastructure accounts for nearly 38 per cent of India's industrial output

Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors

Retail inflation hits six-month low in March

Retail inflation has eased from double digits in 2013.

India eyes loans from China-led Asian Investment Bank

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

A strong showing will be vital to Narendra Modi's chances of a second term.

Here's how Prabhu plans to cut costs, generate revenue

'We need to look beyond the current approach'.

Railway Budget: More public cash eyed as turnaround remains elusive

A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.

Budget: Arun Jaitley could squeeze business to balance books

The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.

India can still emulate China's export miracle: Panagariya

From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion

'India should review monetary policy, cut rates'

The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.

Modi adviser Panagariya opposes 'tinkering' with fiscal deficit targets

India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.

Union Budget on Feb 29, to focus on reforms, growth

The Indian government will present the annual budget for 2016-17 on February 29.

Retail inflation picks up to 5.61% in Dec

Retail food inflation in December came in at 6.40 per cent.

Concerned about yuan's fall, India mulls steps on imports

Yuan's fall would worsen India's trade deficit with China.