At a time when the Indian economy is seeking positive triggers for growth revival, any political narrative on reservation in the private sector would bring in a big blow, it said.
Emphasising that investments are not made for "charity", Finance Minister Arun Jaitley told the Lok Sabha that improving the ease of doing business was a "work in progress".
ING Vysya Bank's management hopes to improve its net interest margins and expects a stable performance. It is also wary of stress on asset quality due to muted investment scenario and uncertainty till the general elections.
The investment climate here is weak, with short-term rates going up, working capital cycle getting extended and deterioration in asset quality etc. it is not a three month, six month kind of a solution. The collateral damage is going to get far extended into the next year as well. The path to recovery is going to take a much longer while
A host of Foreign Institutional Investors (FIIs) today met Finance Minister P Chidambaram and are believed to have discussed the economic issues and investment climate.
Captains of India Inc explain to CNBC-TV18 that it is P Chidambaram who must be credited for having begun to turn the economy's wheel, but add a word of caution that mere framing of policies will not work and it is implementation of those policies that will boost the investment climate.
Corporate India's confidence level has declined during the quarter ending June mainly on account of economic slowdown and apprehensions over investment climate, says a survey.
CNBC-TV18's Appaji Reddem reports that with the central government all set to allocate three IT investment regions (ITIRs) within the next three months, the Andhra Pradesh government is confident it will host at least one ITIR.
The main policy thrust of the Budget must aim primarily at creating a positive investment climate by reducing capital and borrowing costs for productive sectors.
Asserting that political controversies in India did not dent the investor sentiment, Finance Minister Pranab Mukherjee today said FDI inflows rose to more than USD 7.9 billion during April-June quarter, which is almost twice the amount received during the year-ago period.
Concerned over the fallout of social activist Anna Hazare's arrest on investment climate, industry body FICCI today said the government's action must find a balance between the right of Parliament to make law and individual freedom of speech.