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Latest Articles in reforms

Scandal-Hit KPMG South Africa Vows Reforms, Loses Another Client

South African waste management company Interwaste fired KPMG as its auditor on Thursday, dealing another blow to the accounting firm ensnared in a scandal involving business friends of President Jacob Zuma.

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Do Not Lack Political Will To Carry Out Reforms, Says PM Modi

Prime Minister Narendra Modi on Friday asserted that he did not lack the political will needed to carry out reforms as he asked the civil servants to break silos and work together as a team to perform and transform.

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Prime Minister Modi Revisits Economic Reform Agenda After Landslide UP Election Victory

Armed with a new mandate as a champion of the poor, Prime Minister Narendra Modi still faces a struggle to implement reforms to boost growth and jobs in Asia's third-largest economy, say experts

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US Industry Bodies Welcome Budget, Say It Builds On Reforms

American industry bodies have lauded the budget, saying Finance Minister Arun Jaitley has done an "admirable job" in creating a vision that will propel the domestic economy while remaining cognizant about foreign investors eyeing the Indian market.

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Domestic Demand, Exports To Help Indian Cos To Beat Uncertainties From Global Changes: S&P

Faster economic growth as well as reforms make India a good macroeconomic story and this, coupled with the stable credit profile of companies, bodes well for foreign currency bonds by Indian issuers

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Corporates Look Past India's Cash Crisis, Praise PM Narendra Modi Reforms

Business leaders from around the world attending an investment summit in the Gujarat this week cheered Prime Minister Narendra Modi's reforms, and said the disruption caused by his radical demonetisation move should be temporary

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Post Demonetisation, World Bank Drops India's Growth Rate To 7 per cent

The World Bank on Wednesday decelerated India's growth for 2016-17 fiscal to a 'still robust' 7 per cent from its previous estimate of 7.6 due to demonetisation, but asserted that the country would regain momentum in the following years with 7.6 and 7.8 per cent growth

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PM Narendra Modi Promises More Difficult Reforms, Wants Higher Taxes From Markets

With a little over two months left for the Budget, Prime Minister Narendra Modi on Saturday promised more "sound and prudent economic policies" which are "not for short-term political point-scoring" but for "larger national interests" and underlined the need to levy higher taxes on the capital markets

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PM Narendra Modi Promises More Reforms, Says Note Ban Short-term Pain

Prime Minister Narendra Modi on Saturday hinted at unleashing more radical reforms, saying his government will not shy away from taking difficult decisions that are in national interest and admitted the note ban caused "short-term pain"

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Moody's Affirms India's Rating, Says Reforms Yet To Produce Results

Moody's Investors Service has affirmed India's sovereign ratings, citing economic and institutional reforms under Prime Minister Narendra Modi, but said the measures have yet to produce enough dividends to warrant an upgrade

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India Aims To Be World's Most Open Economy, Says PM Narendra Modi

Prime Minister Narendra Modi on Friday invited Japanese investments, saying India has a huge and substantial need for finances and his government was pursuing reform policies to make the country the world's "most open" economy

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S&P Affirms India's Rating, Rules Out Upgrade This Year Or Next

Standard & Poor's affirmed India's sovereign ratings, welcoming the country's policy stability and improved monetary credibility, but ruled out any upgrade for this year or in 2017 because of weak public finances and low per capita income

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GST Can Push Nifty To 13,000: Mark Mobius

Says GST implementation coupled with the ongoing reforms will radically change the domestic economy and can propel Nifty towards the 13,000-mark by the middle of 2017

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