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Nick Parsons feels the fall in European indices is due to volatility creeping into the Nikkei index.
Raj Venkatesan, Managing Partner of Standard Pacific Capital told CNBC-TV18 that he hopes to see more steps by the government to boost the infra and power sector as they are the main concerns.
Vikram Mehta, chairman, Brookings India and Vinayak Chatterjee, CMD, Feedback Infra, share their view on the first Cabinet Committee on Investments (CCI) meeting that was held today.
The Nifty Futures rallied more than 5% in the second half of November. The markets were buoyed by the passage of the bill on multi-brand retail in the winter session of the parliament as well as the government's proposal to set up the NIB, which will monitor and advise ministries on expediting projects.
The markets look good at current levels as well as on declines around the 5,800-5,850 levels on the Nifty. The depreciation of the Indian rupee could be a cause of concern in the coming fortnight, says Dilip Bang, Nirmal Bang.
The Land Acquisition bill and the urea investment policy have been cleared by the Union cabinet and to know about the market reaction and the expectation Kirti Doshi of Antique Stock Broking spoke to CNBC-TV18.
Infrastructure players are not too excited by this diluted version of NIB, Chatterjee, chairman, Feedback Infrastructure told CNBC-TV18.
In an interview to CNBC-TV18, Ameet Desai, director, Adani Power explains the impact the National Investment Board (NIB) will have on the market and the industries.
R Seshasayee, Executive Vice Chairman of Ashok Leyland believes FY13 is a tough year for the commercial vehicle industry. He said that growth is troughing out and expects improvement going forward.
Vinayak Chatterjee, Chairman of Feedback Infrastructure said the Prime Minister's Office (PMO) is likely to decide on the list of projects to be taken under the NIB and the board might focus on specific projects over Rs 1000 crore. He also added that the amendments recommended for the NIB make it more practical.
Government proposes to set up a National Investment Board (NIB) to monitor and advise ministries on expediting projects entailing investments in excess of Rs 1,000 crore, finance minister P Chidambaram said.
It seems the proposed single window clearance mechanism for infra projects- the National Investment Board could be a reality in the next 2-3 weeks.
In an interview to CNBC-TV18 Suresh Ganapathy of Macquarie reviewed the second quarter financial performance of various public and private sector banks.
Vinayak Chatterjee, Chairman, Feedback Infrastructure, takes a look at the National Investment board (NIB) and the issues involved in its approval. He also discusses the opposition led by the environment ministry expressing serious concern over the move and contending that it would benefit only large investors and not the ordinary people.
Mahesh Vyas of Centre for Monitoring the Indian Economy says the pace of investment had clearly slowed down in the first half of the current fiscal year. He says the slowdown was both in new proposals as well as execution.
Amidst differences within the government on setting up of National Investment Board (NIB), industry body Ficci today supported the proposal stating that such an institution will enable faster clearances of projects
The government could be mulling cabinet status for national investment board, reports CNBC-TV18's Siddharth Zarabi quoting sources.
As the government is getting aggressive on reforms, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said the there are more to come. Stating that India is capable of high growth, Ahluwalia stresses that large infrastructure projects are one of the areas of focus.
Concerned over delay in implementation of projects, Finance Minister P Chidambaram today suggested setting of a National Investment Board (NIB) under Prime Minister to accord speedy clearances to mega proposals.
