grandmaster
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http://www.thenational.ae/thenationalconversation/industry-insights/finance/india-dithers-while-economy-slows
Slowing growth, confusion and delays over economic reforms in India are prompting foreign investors to give the country a wide berth at a time when it is in dire need of investment
Foreign direct investment (FDI) into India plunged 67 per cent in the first financial quarter of the Indian fiscal year between April and June to US$4.4 billion (Dh16.16bn) compared with the same period last year, according to figures from the government
"Clearly economic growth continues to slow down," says Vaibhav Agrawal, the vice president of research at Angel Broking. "At the same time inflation continues to go up. The whole growth and inflation mix to a large extent can be blamed on policy as well. A lot of policies are not coming through. Infrastructure execution is not high enough. Foreign direct investment is not happening in sectors that need it, like aviation
...
Investors from the UAE to date have not always had an easy time in India. Etisalat, the UAE's biggest telecommunications company, lost its licence in India this year after the supreme court ordered the cancellation of 122 second-generation, or 2G, mobile licences granted in 2008. Etisalat declined to comment on the situation
Slowing growth, confusion and delays over economic reforms in India are prompting foreign investors to give the country a wide berth at a time when it is in dire need of investment
Foreign direct investment (FDI) into India plunged 67 per cent in the first financial quarter of the Indian fiscal year between April and June to US$4.4 billion (Dh16.16bn) compared with the same period last year, according to figures from the government
"Clearly economic growth continues to slow down," says Vaibhav Agrawal, the vice president of research at Angel Broking. "At the same time inflation continues to go up. The whole growth and inflation mix to a large extent can be blamed on policy as well. A lot of policies are not coming through. Infrastructure execution is not high enough. Foreign direct investment is not happening in sectors that need it, like aviation
...
Investors from the UAE to date have not always had an easy time in India. Etisalat, the UAE's biggest telecommunications company, lost its licence in India this year after the supreme court ordered the cancellation of 122 second-generation, or 2G, mobile licences granted in 2008. Etisalat declined to comment on the situation
