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At the customary post-Budget press conference address by Indian Finance Minister Arun Jaitley, he was asked why his Budget lacked a single big-bang idea.
IndusView, Saturday 28 February 2015 (London): Asia’s third-largest economy unveiled its annual budget today saying it is aimed at a high-growth trajectory. The budget is focusing on improving infrastructure, cutting the fiscal deficit and boosting investment so that growth would accelerate to 8%-8.5% in India’s next financial year starting in April.
IndusView, Friday 27 February 2015 (London): The new Indian government will unveil more reforms in its 2015-2016 Union Budget on Saturday, to woo foreign investment and make India a manufacturing destination, in order to boost Gross Domestic Product (GDP) growth to 8% or higher.
India saw a merger and acquisition boom in 2014. The total number of M&A deals of Indian companies in 2014 rose to 1,177 the highest ever in a decade and the momentum is set to pick up this year as well, said a report by London-based advisory company IndusView on Friday
IndusView, Monday September 29 (London): While the United States Federal Reserve Bank (Fed) is expected to raise interest rates in Spring 2015, the Reserve Bank of India (RBI) is likely to maintain them in order to battle un-simmering inflation.
"What the Modi government needs to provide foreign investors is a sense of stability, predictability and certainty amidst a genuine desire to reconstruct India's economic base."
A visit to Japan is perhaps the best statement of Narendra Modi’s 100 days as Prime Minister of India, a honeymoon time typically used by new governments to push symbolic and substantive changes capitalising on voter sentiment that ushered them into power.
In the months of campaigning since his first rally last September, Narendra Modi covered more than 200,000 miles in the process of holding 5,827 public meetings to convince voters to throw their support behind him as India’s next leader.
India is about to get a new government with the final vote to be unveiled today, with investors expecting measures for revival of the economy, business-friendly policies and good governance from the new government.
Indian corporate houses and industry associations said on Friday that the Narendra Modi led Bharatiya Janata Party and its allies have won a decisive victory, enough to give the new government a free hand to formulate industry-friendly strategies and bring the country back on a high growth trajectory.