Budget FY2017: A mix of positive elements and substantial uncertainty

Thomas Rookmaaker: From a rating perspective, the budget for FY17 contains a number of positive elements, even though it is subject to substantial uncertainty. Firstly, the government continues to gradually broaden its ambitious reform program and like last year this budget contains some further announcements of reforms, including measures related to the FDI regime, the… Read More Budget FY2017: A mix of positive elements and substantial uncertainty

Budget 2016-17: India has held ground despite slowdown in global growth says Jaitley

Newsroom24x7 Desk New Delhi: Union Finance Minister Arun Jaitley began presenting the Budget for the financial year 2016-17 in Parliament today by pointing out that amidst slowdown in global growth and trade the Indian economy has held its ground firmly and the growth of GDP has accelerated to 7.6%. The Finance Minister told the House… Read More Budget 2016-17: India has held ground despite slowdown in global growth says Jaitley

Letter to Modi exposes double standard of US Legislators

Lalit Shastri We have a situation in the US where a presidential nominee wants to banish the Muslims, where black men, without any provocation and children playing with toy guns are shot by the police, where gun rights take precedence over human rights. Several Legislators, who are Members of Tom Lantos Human Rights Commission, a… Read More Letter to Modi exposes double standard of US Legislators