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Showing posts with the label Narendra Modi

India is a bright spot, status not 'overdone': JPMorgan chairman Jamie Dimon

India's status as a bright spot amid global uncertainty is not "overdone",  JPMorgan  Chairman  Jamie Dimon  told the  Economic Times  in an interview published on Monday. Citing the over-seven per cent growth, the deficit going down "quite a bit", and the government taking steps which would enable future growth, Dimon told the financial daily that India's prospects over the next 20-30 years were quite good. On impact on India's image under Modi government Dimon told the financial daily that India's image had changed in positive terms after Prime Minister Narendra Modi took charge. He added that India was the fastest growing country in the world today and that changes were being made.  Admitting that politics was "hard", Dimon described that Modi was nonetheless a "successful and strong leader". He also pointed out how foreign direct investments into the country had doubles in the last four-five years.

Modi: Will carry out Andhra rejig Act in full

Lays foundation stone for new capital of Andhra Pradesh Prime Minister  Narendra Modi  on Thursday accused the Congress of creating tension between Andhra Pradesh and Telangana by "spreading poison" and stirring up the youth. He assured Andhra Pradesh the Centre would fully implement the state re-organisation Act. "The previous government (of the Congress) was in a hurry to gain political advantage and divided Andhra Pradesh, annoying the Telugu-speaking people," Modi said. Laying the foundation stone for Andhra Pradesh's new capital  Amaravati  at Uddandarayunipalem village in Guntur district, Modi said his government would see that the state became the human resources capital of India. "Our government has allotted central institutions like Indian Institute of Technology, Indian Institute of Information Technology, and All India Institute of Medical Sciences, to improve human resources in Andhra Pradesh. The start-up programme

India represents a bright spot for investments says Narendra Modi at Indo-German Summit

Government hopes to roll out a new goods and services tax (GST) in 2016, Prime Minister Narendra Modi said on Tuesday in a speech to Indian and German businesses at the Indo-German Summit in Bangalore. Government hopes to roll out a new goods and services tax (GST) in 2016, Prime Minister Narendra Modi said on Tuesday while addressing Indian and German businesses at the Indo-German Summit in Bangalore Government hopes to roll out a new goods and services tax (GST) in 2016, Prime Minister Narendra Modi said on Tuesday while addressing Indian and German businesses at the Indo-German Summit in Bangalore. GST, which is currently blocked in Parliament, was among the range of business-friendly measures highlighted by Modi in his speech in Bangalore, during a visit by German Chancellor Angela Merkel. Modi also said his government was speeding up regulatory clearances, reducing licensing requirements in the defence sector and making tax policy more consistent. “We have ar