While Prime Minister Modi can take the lion’s share of the credit for turning the BJP and NDA’s fortunes around since 2014, there are many who have played a crucial role in scripting the larger success story of the government. We look at a few of the key figures in the Modi government.
The report also said that some government policies are written in a way that can be discriminatory to foreign investors or favour domestic industry.
All policy options exhausted, it’s time to wait for the stimulus in the economy to play out
The Insolvency and Bankruptcy Code is a key economic reform that will facilitate the ease of doing business, Union Minister Arjun Ram Meghwal said today.
Speaking to CNBC-TV18 Jan Dehn of Ashmore Investment Management said that the NPL of public sector banks is a big problem. He also spoke about global jitters saying that there are multiple global threats. Development economies are looking like freak shows, he said, adding that asset price valuations are distorted there.
The IMF has approved a USD 1.5 billion loan to Sri Lanka, with USD 168 million being disbursed as the first tranche with immediate effect to support the country's economy, which is showing "signs of strain"
The Code has enabling provisions to deal with cross border insolvency and an Insolvency and Bankruptcy Board of India would be established to exercise regulatory oversight over insolvency professionals, insolvency professional agencies and information utilities.
Modi has made strides in a few crucial areas: putting India back on the global radar, cracking down on corruption and improving transparency and accountability in governance, say analysts.
AK Bhattacharya, managing editor of Business Standard spoke to CNBC-TV18 about his expectations about the UP poll results.
Saurabh Mukherjea, head of equities at Ambit Capital tells CNBC-TV18 that he expects earnings growth of 4-5% in FY12, but ‘definitely not more than a 10% earnings per share growth in FY13,’ he says.
Tribal and farmer protests are often a clamour for participation in India's growth.
European finance ministers and officials met on Monday to discuss ways to strengthen their financial rescue fund, preparing the ground for a "comprehensive package" of measures EU leaders hope to agree in late March.