Investment Board promises to be a game-changer

Investors will continue to be jittery till the political crisis is resolved, perhaps even afterwards, given the obvious differences between the Congress and the Samajwadi Party, which is supposed to replace the Trinamool in the UPA. But it’s important to keep in mind that even if the government is unable to carry out much legislative business—such as clearing a hike in FDI in insurance, were the Cabinet to clear it—it still has the capacity to unleash a lot of reforms.

Read Full Story>>