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India's investors brace for transaction tax hike, less friendly budget

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MUMBAI Investors in India are bracing for higher taxes and fewer incentives from the government's annual budget on Feb. 1 as the focus shifts to wringing out revenues to finance giveaways and higher public investment.

India honours 67-year-old Nepali woman who freed 12,000 girls from sexual slavery

KATHMANDU/NEW DELHI (Thomson Reuters Foundation) - A 67-year-old Nepali woman honored with one of India's most prestigious awards for freeing thousands of girls from sexual slavery said on Friday it was the unbearable pain of victims that has motivated her to fight trafficking.

Jan 27 2017

Death toll in Kashmir avalanches climbs to 19

SRINAGAR, India The death toll in avalanches in the heavily militarized Himalayan region of Kashmir has risen to 19 after the bodies of four more Indian soldiers were recovered on Friday, army and police officials said.

Jan 27 2017

Freed from beatings and bondage, yet justice eludes thousands of Indian slaves

NEW DELHI (Thomson Reuters Foundation) - Dayalu Nial's suffering finally ended in December last year when an Indian court gave life sentences to eight men who trafficked him, tortured him, chopped off his hand and left him to die.

Jan 26 2017

Indian film heroes tackle land rights, champion underdog

MUMBAI (Thomson Reuters Foundation) - A villainous company. Corrupt government officials. A heroic defender of farmers emerging victorious from a fight over land.

Jan 26 2017

India mulls reviving colonial-era gold mines with $2 billion reserves

NEW DELHI India is planning to revive a cluster of colonial-era gold mines - shut for 15 years but with an estimated $2.1 billion worth of deposits left - as the world's second-largest importer of the metal looks for ways to cut its trade deficit, officials said.

Jan 25 2017

India plans expansive budget despite growth, revenue worries

NEW DELHI India's finance minister is likely to borrow more than originally planned when he presents the budget on Feb. 1, senior aides and officials said, despite counting on revenues from a national sales tax whose launch date is still unknown.

Jan 25 2017

Traffickers try Gulf tourist visas to beat Indian emigration: officials

MUMBAI (Thomson Reuters Foundation) - Traffickers are bypassing government efforts to protect thousands of Indian housemaids from slave-like conditions in the Gulf by transporting women on tourist visas, according to Indian emigration officials.

Jan 25 2017

India to fill Mangalore strategic reserve with UAE oil

NEW DELHI India signed a deal with the United Arab Emirates on Wednesday that allows the Gulf OPEC country to fill half of an underground crude oil storage facility at Mangalore that is part of New Delhi's strategic reserve system.

Jan 25 2017

S&P; advocates fiscal consolidation ahead of India budget

NEW DELHI Standard & Poor's urged Indian Finance Minister Arun Jaitley on Wednesday to maintain the pace of fiscal consolidation in the annual budget next week and quickly reduce the country's debt stock to bolster the prospects of a ratings upgrade.

Jan 25 2017
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Trump ban causes U.S. immigration chaos, draws fury of Muslims, Iran

WASHINGTON/NEW YORK President Donald Trump's most far reaching action since taking office plunged America's immigration system into chaos on Saturday, not only for refugees but for legal U.S. residents who were turned away at airports and feared being stranded outside the country. | Video