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Aftab Ahmed

Shun Malaysia, India's palm oil buyers told amid Kashmir standoff

2:24am BST

NEW DELHI India's top vegetable oil trade body on Monday asked its members to stop buying palm oil from Malaysia, an unprecedented call aimed at helping New Delhi punish the country for criticising India over its policy towards Kashmir.

Shun Malaysia, India's palm oil buyers told amid Kashmir standoff

21 Oct 2019

NEW DELHI India's top vegetable oil trade body on Monday asked its members to stop buying palm oil from Malaysia, an unprecedented call aimed at helping New Delhi punish the country for criticizing India over its policy toward Kashmir.

India to miss fiscal deficit target by 30-50 bps - sources

17 Oct 2019

NEW DELHI India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year by 30-50 basis points, two sources said, due to the sharp slowdown in the economy that has severely crimped tax collection goals.

Exclusive: India may restrict imports of palm oil, other goods from Malaysia - sources

11 Oct 2019

NEW DELHI/MUMBAI India is considering restricting imports of some products from Malaysia including palm oil, according to government and industry sources, in reaction to the Southeast Asian country's leader criticizing New Delhi for its actions in Kashmir.

Indian gold imports hit three-year low as prices jump

04 Oct 2019

NEW DELHI/MUMBAI India's gold imports plunged 68% year on year in September to their lowest in more than three years as record domestic gold prices curbed retail buying, a government source said on Friday.

UPDATE 1-Indian gold imports hit three-year low as prices jump

04 Oct 2019

* October imports could rise on festive demand (Adds details, bank dealer's comment)

India infrastructure output down in August for first time since 2015

30 Sep 2019

NEW DELHI India's infrastructure output in August fell from a year earlier for the first time since April 2015, signalling the economic growth recovery in Asia's third largest economy may be slow despite a cut in the corporate tax rate and other policy measures designed to spur investment.

UPDATE 1-India infrastructure output down in August for first time since 2015

30 Sep 2019

NEW DELHI, Sept 30 India's infrastructure output in August fell from a year earlier for the first time since April 2015, signalling the economic growth recovery in Asia's third largest economy may be slow despite a cut in the corporate tax rate and other policy measures designed to spur investment.

India looks to ease foreign investment limits in govt bonds - sources

27 Sep 2019

NEW DELHI/MUMBAI, Sept 27 India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in global bond indexes in the next two years, three government officials with knowledge of the matter told Reuters.

Modi's big tax cut unlikely to spur job bonanza in India

25 Sep 2019

MUMBAI/NEW DELHI With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion (16.42 billion pounds) corporate tax windfall rather than unleash the investments that Prime Minister Narendra Modi hopes will create millions of jobs and revive the economy.

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