Kochhar, however, reposed her faith in the government's resolve to get things moving and said the journey from here on will only be "more positive" for the economy.
Organised by Federation of Indian Chambers of Commerce and Industry in partnership with the Ministry of External Affairs, ICBEF is a continued endeavour for accelerating economic ties between India and Central European countries for mutual gains in the years to come
Fast-tracking of projects could be made possible because of expediting decision-making process as well as policy interventions, the Road Transport and Highways Minister said.
HDFC Bank MD Aditya Puri said the government had taken several steps to revive sectors that have been facing acute distress -- such as steel -- and said that combined with efforts from the Reserve Bank of India, they should help bring down bank NPA levels.
Stan Majcher, Portfolio Manager and Principal, Hotchkis and Wiley Capital Management, said the sooner the government resolves the tax issues facing UK firms Vodafone and Cairn Energy plc, sooner international investors will be more comfortable spending their money in India.
World Bank's recent report reveals the government may have under estimated the number of Indians residing in cities - facts that may call for a new approach to urban planning in the country.
Lata Krishnan, Co-Founder, American India Foundation and CFO Shah Capital says that the present government has set the right tone to drive energy and enthusiasm in the market
"(Prime Minister Narendra) Modi has taken a big stand on the global stage on essentially talking about India and its economic journey," Assistant Secretary of State for South and Central Asia Nisha Desai Biswal said, noting that after he came to power there has been a huge amount of interest in the US private sector.
Prime Minister Narendra Modi-led NDA government has set a deadline to complete roll out of optical fibre network across all village panchayats by the end of 2016.
The Mission, that was announced last year to replace UPA government's PURA (Provision of Urban Amenities in Rural Areas) initiative, aims at improving the quality of life of people by involving the government this time.
With a million Indians entering the workforce every month, Selig said the country needs to grow at pace faster than the 7 percent and address issues like ease of doing business, tax policy, infrastructure bottlenecks, burdens and regulations, localisation requirements, IPR protection and enforcement among other things.
The World Bank report confirms that these reforms are a recent development, and not the result of long-term changes initiated much earlier.
It is Nitish Kumar who should be biting his fingernails. This is a battle he cannot afford to lose, but even if he wins, he will confront the nightmare of ruling with Lalu Yadav holding the reins from the backseat.
Foxconn will start this association by manufacturing F Series and P Series phones from the existing Gionee portfolio. Dixon will be making feature phones and other smartphones for Gionee.
"Not simply Indians, but British business leaders have been concerned about the need in India to have a stable and predictable tax regime," Hewitt said at the launch of the Sterling Assets India Report.
"RBI's more accommodative policy stance has helped stabilise consumer sentiment following the trend decline in 2014. While there are a few positives on the outlook for employment and business conditions, confidence is still bumping along at a lower level compared with last year," MNI Indicators Chief Economist Philip Uglow said.
Attacking Congress, BJP President Amit Shah said the pension of ex-servicemen was decreased by its government in the 70s and slammed the allocation of only Rs 500 crore for OROP by the previous UPA government.
The supremo of three parties launched a blistering attack on Modi and his government. Congress President Sonia Gandhi shared the dais for the first time with Bihar Chief Minister Nitish Kumar and both targeted the Modi government for playing a 'cruel joke' on farmers.
The Prime Minister has approved the appointment of Mehrishi, a 1978-batch Rajasthan cadre IAS officer, for a period of two years with effect from Monday, an official release said.
The government will soon give handheld devices to all rural post offices, he added. The payments bank licence will enable the Department of Post (DoP) to offer banking services to the masses through its vast network of 1,54,000 post offices, of which 1,30,000 are in rural areas.
The difference in economic recovery compared with 2003-08, a period which also saw high growth, will be that it will be government investment-led rather than fuelled by private investment and consumption as happened earlier, In dranil Pan said.
In a counter to the BJP's charge that the Congress is responsible for the washout of monsoon session of Parliament, Mani Shankar Aiyar said development doesn't take place in Parliament, but in factories.
Unfazed by the blockage of the GST Bill in the Rajya Sabha by Congress in the recently concluded Parliament session that ended on a bitter note over the Lalit Modi issue, Naidu said government was keen to implement "the revolutionary and most progressive" GST tax proposal from April 1, 2016.
Devendra Fadnavis, who was accompanied by state BJP chief Raosaheb Danve at a press conference here, said the BJP will hold protests and demonstrations in all Maharashtra districts on August 16 to highlight the actions of the Congress in not letting Parliament function.
Accusing the Congress of "insulting the people of the country" by disrupting the legislative business in the just-concluded Parliament session where GST bill was stalled, the Minister said they are doing this to create a perception that the Modi government is not working.