India Government Information

Find information about India government including: the type of government, tax info, who heads the country, health ministry, finance ministry, and more.

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The type of government of India is classified as a federal republic. It is the worlds largest democracy consisting of three branches: the Legislature, Executive, and Judiciary.

With the President being chief of state, it is actually the Prime Minister, who is appointed by the President, who exercises most of the executive powers and is head of the county's government affairs.

India's legislature is the bicameral Parliament, consisting of the upper house and the lower house, called the Rajya Sabha (Council of States), and the lower the Lok Sabha (House of People) respectively.

The President, Vice-President, and the Council of Ministers constitute the executive branch. The Cabinet, headed by the Prime Minister, is its executive committee, appointed by the President.

The Chief Justice of India heads the Supreme Court, which is the independent judiciary. The president appoints one chief justice and 25 associate justices.

For full and complete information about the government of India, you may visit their official website at http://india.gov.in/.

India Government News

Colombia’s Bonds Gain on CPI Outlook; Chilean Peso Advances (Bloomberg)
July 3 (Bloomberg) -- Colombia’s peso bonds rose the most in more than three weeks as speculation inflation slowed last month boosted demand for fixed-rate securities.

Colombia’s Central Bank Signals Pause in Rate Cuts (Update1) (Bloomberg)
July 3 (Bloomberg) -- Colombia’s central bank policy makers signaled they may pause after their half-point reduction at their June 19 meeting, where they also considered a smaller rate cut or even keeping the rate unchanged.

Colombia’s Bonds Gain on CPI Outlook; Chile Peso Little Changed (Bloomberg)
July 3 (Bloomberg) -- Colombia’s peso bonds rose for a third time this week as speculation inflation slowed last month boosted demand for fixed-rate securities.

Colombia’s Bank Signals Rates May Not Drop More at Next Meeting (Bloomberg)
July 3 (Bloomberg) -- Colombia’s central bank policy makers debated a smaller interest rate cut, or no cut at all, at its last meeting, underscoring their earlier comments that the benchmark rate may not be cut in the near future, according to the minutes of the board’s last meeting.

Colombia Banks' Jan-May Combined Net Profit Up 13% At COP2.36 Trillion (Nasdaq)
BOGOTA -(Dow Jones)- Colombia's financial institutions posted a combined net profit of 2.36 trillion Colombian pesos ($1.13 billion) in the first five months of the year, up 13% from the same period in 2008, the country's banking regulator said Friday.

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