India Finance and Business news

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Jaitley should adopt three-pronged approach in Budget to increase public health expenditure
Firstpost Historically, the commitment of any government to the health sector has been judged by its budgetary allocation to the sector. BRICS countries spend on an average between 3.5 and 8.5 percent of their GDP on healthcare. At much less than even 2 percent ... ---

Demonetisation hit SME sector's output, wages: Report
Demonetisation hit SME sector's output, wages: Report SME sector witnessed slowdown post demonetisation, resulting in fall in production, wages and employment, according to a study by the India Development Foundation.

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Bankers tense after ex-IDBI chief’s arrest, credit uptake make take a hit
Bankers tense after ex-IDBI chief’s arrest, credit uptake make take a hitCBI's arrests on Monday shock bankers, who see the move as a witch hunt against their powerlessness to act in the face of political pressure.

China Stocks-Factors to watch on Wednesday
China Stocks-Factors to watch on Wednesday. Read full details

Asia stocks set to rise on U.S. cues; dollar bounces
Photographers and videographers shoot a stock quotation board displaying Japan's Nikkei average after a ceremony marking the end of trading in 2016 at TSE in TokyoAsian stocks are set to climb to fresh three-month highs on Wednesday following a stronger Wall Street as investors welcomed U.S. President Donald Trump's eagerness to deliver on his campaign promises. Trump's shift back to growth initiatives including promising corporate tax breaks to fuel investment at home after focusing on protectionism in the first few days snapped the U.S. dollar's losing streak and pushed Treasury yields higher. Early Asian markets such as Japan and Australia led the region higher.