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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: India announces $4 billion stimulus package AP - 57 minutes ago NEW DELHI - The prime minister's office has announced a $4.1 billion stimulus package to boost India's slowing economy in the face of the global financial meltdown. It said in a statement Sunday that the money will be spent on building infrastructure, providing export incentives, helping banks and offering relief to people who have taken out home loans. On Saturday, India's central bank announced it is slashing its key interest rates by 1 percentage point amid slowing economic growth and damaged investor confidence following recent terror attacks in Mumbai. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy India unveils $4 bln economic stimulus packageAFP - 20 minutes ago India announces $4 billion stimulus packageAP - 57 minutes ago China to invest $22B on railways in north provinceAP - Monday, December 8 SKorea's Hynix announces new cost-saving stepsAFP - Monday, December 8 Related Articles: Business India unveils $4 bln economic stimulus packageAFP - 20 minutes ago CORRECTED - UPDATE 2-World Bank sees risk of Gaza bank collapseReuters - 41 minutes ago Bangladesh central bank conducts repos at 8.75 pctReuters - 49 minutes ago PCCW vote date set, Li able to vote PCRD sharesReuters - 52 minutes ago India announces $4 billion stimulus packageAP - 57 minutes ago Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Diamond thieves pull off 100-million-dollar Paris heist Girl, 8, among 17 dead in Manila shoot-out: police Vinnie Jones gets into bar fight over role in X-Men Oil price falls below $40 Formula One: Honda exit casts cloud over F1 future View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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