Rare earths, data centres - India pushes local industry amid global headwinds

India's budget focuses on infrastructure and defence spending and tax breaks for data-centre investments.

India retains states' share in federal taxes at 41%

By Shubham Batra and Saurabh Sharma NEW DELHI, Feb 1 (Reuters) - India's federal government has decided to retain the share of states in a common pool of taxes for the 2026-31 period at 41% the finance minister said on Sunday,

U.S.-India trade talks could get a boost as America sees life going on without it

There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.

India says it has contained Nipah virus outbreak as some Asian countries ramp up health screenings

No cases of the virus were reported outside India, but several Asian countries introduced or reinforced screening measures at airports as a precaution.

India hands Apple a win by letting foreign firms fund equipment without tax risk

By Nikunj Ohri and Aditya Kalra NEW DELHI, Feb 1 (Reuters) - India's government on Sunday handed a major win to Apple by allowing foreign companies to provide machines to their contract manufacturers in certain areas for five years without any tax risk.

India’s budget boosts infrastructure spending while vowing fiscal discipline

Prime Minister Narendra Modi’s government has presented an annual budget focused on sustaining economic growth despite volatile markets.