The union cabinet approved a proposal to provide production-linked incentives of about Rs 1.46 trillion ($20 billion) over five years to create jobs and boost manufacturing in the country. Amazon has asked India's market regulator to investigate Future Retail Ltd for insider trading, as it seeks to prevent its business partner from becoming part of rival Reliance's empire. Details follow.
India unveils Rs 1.46-trn incentive program to lure global manufacturers
India unveils Rs 1.46-trn incentive program to lure global manufacturers
India approved an incentive program worth Rs 1.46 trillion ($20 billion) to attract companies to set up manufacturing in the South Asian nation, Finance Minister Nirmala Sitharaman said. The