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India eases foreign investment rules for corporate debt

MUMBAI India's central bank on Friday eased rules governing foreign investment in corporate bonds by excluding rupee-denominated securities from its overall debt limit.

India's drug prices regulator calls for better oversight of private hospitals

MUMBAI India's drug pricing authority called for better regulation of the country's massive private healthcare industry on Friday to ensure government efforts to cut prices benefit patients.

Sep 22 2017

India's Sonia Gandhi tells Modi to give women more power

NEW DELHI (Thomson Reuters Foundation) - Indian Prime Minister Narendra Modi should take advantage of his government's majority in parliament and push through long-pending legislation giving women more power, according to the country's main opposition leader, Sonia Gandhi.

Sep 21 2017

Police bust traffickers selling Indian child brides in the Gulf

MUMBAI (Thomson Reuters Foundation) - Police have rescued a dozen trafficked girls in the southern Indian city of Hyderabad and arrested more than 20 members of a major network selling brides to wealthy men in the Gulf.

Sep 21 2017

India eyes extra $7.7 billion spending to halt economic slowdown: government sources

NEW DELHI India's government is considering a plan to loosen its fiscal deficit target to enable it to spend up to 500 billion rupees ($7.7 billion) more to halt an economic slowdown, two government officials with direct knowledge of the plan said on Thursday.

Sep 21 2017

More calls to return idle land to farmers in India as conflicts rise

MUMBAI (Thomson Reuters Foundation) - Indian states must return idle land acquired for industrial and infrastructure projects that have been shelved, campaigners say, as conflicts erupt across the country over the scarce resource.

Sep 21 2017

Militant attack on minister's convoy kills two bystanders in India's Kashmir

SRINAGAR, India Militants attacked the convoy of a minister in the restive Indian state of Jammu and Kashmir on Thursday, killing at least two bystanders and injuring several others though the minister escaped unhurt, police said.

Sep 21 2017

Indian telecoms fee cut seen boosting upstart operator Reliance Jio

MUMBAI The Indian telecoms regulator's decision to reduce a fee operators pay each other for calls made from one network to another could help upstart operator Reliance Jio to step up its aggressive push for market share.

Sep 20 2017

India's Jaitley vows 'necessary' measures to revive slowdown-hit economy

NEW DELHI India is considering ways to revive its slowdown-hit economy and will unveil the "necessary" steps once Prime Minister Narendra Modi signs off on them, Finance Minister Arun Jaitley said on Wednesday.

Sep 20 2017

Heavy rains batter Mumbai yet again; air, rail traffic hit

MUMBAI Heavy rains battered India's financial hub for the second time in weeks causing massive disruption at the country's second busiest airport and forcing authorities to shut down schools and colleges.

Sep 20 2017

Merkel hangs on to power but bleeds support to surging far right

BERLIN Chancellor Angela Merkel won a fourth term in office on Sunday but will have to build an uneasy coalition to form a German government after her conservatives haemorrhaged support in the face of a surge by the far-right.