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Latest Articles in reforms

Moody's India Rating Outlook Raises Finance Ministry's Hackles

Questioning the methodology adopted by Moody's, Finance Ministry on Thursday said the global agency has ignored reforms initiated by the government and it should not wait 'till infinity' for them to take root before upgrading the country's sovereign rating

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Lower Rates No Substitute For Broader Policy Reforms, Says Raghuram Rajan

Warning against low interest rate, former RBI governor Raghuram Rajan has said such measures by central banks cannot substitute other policy instruments and broader reforms and expressed hope that his successor will finish the process of cleaning bank balance sheets

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Urjit Patel’s Continuation Of Banking Reforms Is Key For Markets

A consolidation is ongoing in the markets. As stocks have surged considerably, earnings will have to catch up now. Once this is over, markets will begin to march ahead again

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Most CFOs Optimistic About Country's Economy, Says Survey

Majority of chief financial officers working at companies in India are optimistic about the country's mid term as well as long term economic prospects, says a survey

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Modi Govt's Second Big Bang Reforms | Experts Say India Can Become Defence Hub

The NDA government has allowed up to 100 per cent FDI in defence and done away with the requirement of 'state of the art' technology while considering FDI cases of above 49 per cent investment

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The Big Bang Reforms Are Here: All You Need To Know About Changes In Different Sectors

India announced on Monday sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country

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Modi Govt's First Two Year Is Like Batting In Slog Overs, Says Arun Jaitley

Comparing the functioning of the first two years of the Narendra Modi government with the pace of batting in slog overs, Finance Minister Arun Jaitley has said that the economy which suffered from policy paralysis has now emerged as the fastest growing one

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'Have Actually Taken Up Maximum Reforms': PM Narendra Modi To Wall Street Journal

Prime Minister Narendra Modi has said he expects the long-pending GST bill to get the parliamentary nod this year while efforts to amend another contentious legislation on land acquisition are 'over now'

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Politically Difficult To Fast-track Structural Reforms, Says RBI Governor Raghuram Rajan

The RBI chief said that it may be difficult politically to speed up structural reforms and while labour market reforms can boost growth, the process may draw opposition

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GST, Land Reforms Key To India's Economic Growth: IMF

Says India’s growth outlook is favourable, with GDP growth projected to strengthen to 7.5 per cent in the current fiscal year, even in the absence of major structural reforms

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Coal Efficiency Drive Risks Ire Of Powerful Unions

Plans by India's coal monopoly to buy billions of dollars of new machinery and outsource work are facing resistance from powerful unions worried about job losses, in a potential blow to Prime Minister Narendra Modi's promise to bring electricity to all

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Don't Be Euphoric About High Growth Yet; Long Way To Go: Raghuram Rajan

The average Chinese citizen is over four times richer than average Indian, the RBI Governor said while referring to the frequent comparison between the two nations

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Indian Economy Like 'One-eyed' King In Land Of Blind: Raghuram Rajan

The RBI Governor says a bunch of good things have happened in India, but there are still some things to do

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Needed: Reform 3.0

The Modi government is strong on ideas but weak on execution. Nothing demonstrates this more pointedly than tax

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Modi Govt Slow In Implementing Key Reforms: Senior US Official

The Narendra Modi government has not moved as fast as expected to implement long-awaited reforms like the GST and Land Acquisition Bill, a senior US trade official said and asked American businesses to be patient since reforms cannot be implemented overnight

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