NEW DELHI -- In its first budget since returning to power in a landslide election, Prime Minister Narendra Modi's government unveiled plans to boost foreign investment as part of his push for a $5 trillion economy.
Nirmala Sitharaman, India's first full-time female finance minister, said on July 5 that India plans to further open up investment in sectors such as aviation and insurance, and relax local sourcing rules for single-brand retailers.
