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Indian Prime Minister Narendra Modi took his `Make in India' philosophy to a notch high by exhorting the Reserve Bank of India to ensure that currency notes are printed on Indian paper with Indian ink.

India's finance minister Arun Jaitley said India would not be allowed to become a tax haven and that the government would provide a reasonable window of compliance to those who have stashed away ill-gotten money overseas to come clean

India's central bank on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to alter its stance

The Income Tax department in India took to the strategy of 'naming and shaming' of some large tax defaulters as it published names of 18 entities who owe over Rs 5 billion tax to the exchequer

Tata Sons, promoter of Tata companies, appointed top ranked investment strategist Farida Khambata as the first woman independent director in the company's 103-year history.

The Indian government announced a slew of incentives and new institutional mechanisms as part of the new Foreign Trade Policy to nearly double country's goods and services exports to $ 900 billion by 2019-2020.