PM Modi's Austerity Measure: No New Posts, No First-Class Air Travel The Finance Ministry on Thursday ordered small-bore austerity measures including a ban on holding meetings at five-star hotels and first class air travel.
Arun Jaitley Sees Better Growth in Second Half of FY15 India's economy is expected to do better in the second half of the fiscal year to March 2015, Finance Minister Arun Jaitley said on Thursday.
• Moody's Welcomes India's Policy Steps, But Wants More
How Black Money Repatriation will Impact Rupee/Dollar The repatriation of billions of dollars’ of black money will be particularly beneficial for the rupee, which has stayed above 60 per dollar for a long time now.

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