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Budget 2020: India announces $40 billion spending on farms, tax cuts

India is grappling with its worst economic slowdown in a decade, with falling employment, consumption and investment ratcheting up pressure on Prime Minister Narendra Modi to revive growth

India likely to raise import duties on more than 50 items

India plans to increase import duties on more than 50 items including electronics, electrical goods, chemicals and handicrafts

India plans to cut spending to curb deficit

India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees as it faces one of the biggest tax shortfalls in recent years,

India to launch first debt exchange-traded fund

: India will launch its first debt exchange-traded fund (EFT) comprised of debt of state run companies, finance minister Nirmala Sitharaman said on Wednesday

Blame game as wheels come off India’s auto sector

India's Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was contributing to a painful slump in car sales

India aims to raise $47 billion from stake sales in state firms

Nirmala Sitharaman in her budget announced that the government will look to reduce direct controlling stakes in some state-run firms on a case-by-case basis

Bad news hits India’s finance minister on first day

She is the senior most woman minister in Modi’s cabinet and the second woman to head the finance department after late former prime minister Indira Gandhi

Modi names Nirmala Sitharaman as India’s finance minister

The previous finance minister, Arun Jaitley, had written to Modi asking not to be considered for a ministerial position due to ill health.

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