General Motors ran into barriers on its way out of India, highlighting the hurdles that keep foreign companies leery of doing business there.

New Delhi: The Indian economy is likely to grow closer to the upper end of the government’s projected range of 6.3-6.8% this financial year, buoyed by sweeping indirect tax reforms, chief economic adviser V. Anantha Nageswaran said on Monday.

India’s Prime Minister Narendra Modi said the reduction in consumption taxes, that comes into effect Monday, will bolster household incomes and businesses, spurring the nation’s economic growth.

They say Indian economy is like the Elephant, it takes a while to get going but once it runs, it could be unstoppable. Despite external pressures, India's economy continues to demonstrate impressive resilience. In nominal terms, the country is projected to ...

The minister spoke about recent economic performance stating that India GDP grew by 7.8 per cent in the last quarter, which he described as a record. He also projected that by 2047, India will become a 30 trillion-dollar economy.

However, India is far less exposed to tariff turmoil than its more trade-dependent Asian peers, thanks to an enormous domestic market. Modi has hailed the importance of Atmanirbhar Bharat, or “self-reliant India”, and exhorted businesses to “refrain from selling items sourced from other countries”.

The U.S. may soon scrap the penal import tariff on Indian goods and also cut reciprocal tariff to 10-15% from the existing 25%, India's Chief Economist Adviser V. Anantha Nageswaran said on Thursday.

Learn about India's Goods and Services Tax (GST), its benefits, implementation challenges, and how this reform has impacted businesses, consumers, and the national

As per a press release, together with existing academic partner Indian Institute of Management Bangalore - NSRCEL, Goldman Sachs 10,000 Women aims to graduate 1,000 women entrepreneurs in India over the next year and grow its current overall intake of about 3,800 women entrepreneurs to 10,000 by 2033.

The Indian government's market borrowings for the second half of the current financial year will remain unchanged, Chief Economic Adviser V. Anantha Nageswaran said on Monday.