Rare earths and data centres: India pushes local industry as global tensions rise

India is also proposing a tax holiday up to 2047 for foreign cloud companies making data-centre investments in the country and providing cloud services to customers globally. India has been attracting billions of dollars of data centre investments with the likes of Google last year announcing a $15bn investment in a facility in southern India.

India retains states' share in federal taxes at 41%

By Shubham Batra and Saurabh Sharma NEW DELHI, Feb 1 (Reuters) - India's federal government has decided to retain the share of states in a common pool of taxes for the 2026-31 period at 41% the finance minister said on Sunday,

U.S.-India trade talks could get a boost as America sees life going on without it

There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.

India’s budget boosts infrastructure spending while vowing fiscal discipline

Prime Minister Narendra Modi’s government has presented an annual budget focused on sustaining economic growth despite volatile markets.

INDIA BUDGET India's federal government to borrow gross of 17.2 trillion rupees in FY27

India's federal government will borrow a record 17.2 trillion rupees ($187.63 billion) in 2026–27, Finance Minister Nirmala Sitharaman proposed in her budget speech on Sunday, above most market estimates.