Rupsona’s kidnappers struck at dusk, when most children in her village in eastern India were outside playing and their parents were resting after tending crops all day. The 14-year-old student had just finished geography class and was walking home along a road lined with rice paddies when she felt a blade at her throat.
India should refrain from changing the way foreign investors in stocks and bonds are taxed, a key adviser to Prime Minister Manmohan Singh said, as the nation prepares rules to clamp down on tax avoidance.
India will take several months to reduce inflation to “an acceptable level,” and the central bank’s interest-rate increases haven’t hurt the economy, Prime Minister Manmohan Singh’s top economic aide said.
Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission, said inflation may moderate after the central bank raised its benchmark repurchase rate today. Ahluwalia was talking to reporters in New Delhi.
Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission, said he expects at least two $10 billion infrastructure debt funds to start this year. Ahluwalia was speaking in New Delhi today.
India’s inflation rate will start softening from November and will be “signicantly lower” by March next year, Montek Singh Ahluwalia, deputy chairman of the country’s Planning Commission, said in Hyderabad today.
India may fall short of its target for spending on roads, ports and power projects in the five years through March 2012 after failing to complete planned projects, the prime minister’s top economic aide said.