Reforms such as simplification of tax structure in the country has been a long-standing ask of the industry.
Launched on October 2, the Swachhta Campaign 2.0 aims at the timely disposal of public grievances, references from MPs, state governments and others as well as disposal of scrap
Though liquidity can take markets to new highs, it is better to stay away from Indian market due to lack of fundamental support from valuations point of view and risks to the downside still remain, says Pramod Gubbi of Ambit Singapore.
Speaking from the sidelines of AIMA Awrads, CNBC-TV18 caught up veteran banker and HDFC Bank chief Aditya Puri and GMR's GM Rao to discuss state of the economy and the government's performance.
India`s growth has disappointed for several quarters, with growth decelerating from above-9 percent in 2010 to as low as 4.4 percent in the second quarter 2013 - lagging far behind economic rival China , which has maintained growth rates above 7 percent this year.
Rajen Shah of Angel Broking isn‘t too confident of the government taking confident steps or delivering bullish reforms.
Despite all the negativity, foreign investors have not washed their hands off the Indian market yet, which leads Samir Arora of Helios Capital to believe that they may not be overly pessimistic on India.