From SoftBank eyeing stake in Airtel’s telecom biz and other assets to Anil Agarwal’s expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday
1) Our Mantra is to revive animal spirits, make India investment magnet: PM ModiWe will leave no stone unturned towards making India the best investment destination in the world, improve ease of doing business, go “as far as possible” to revive the “animal spirits” and make the “entire private sector bullish”, Prime Minister Narendra Modi on Sunday told the Economic Times in an interview.
Further, the Prime Minister said that he had taken the decision on Article 370‘s abrogation from Jammu and Kashmir after a “great deal of thought”. According to the financial daily, he said that he was certain this would help create the three necessary conditions for investment: stability, market access and predictable laws.
2) Govt looks to reverse economic slowdown with a stimulus package: Amid fears of a global slowdown, the government is putting together a set of measures — from tax cuts to targeted sops — to reverse the economic downturn gripping the country at present, LiveMint reported on Monday, while citing three people aware of the ongoing discussions.
According to the report, the government’s idea is to roll out various countercyclical measures, including confidence-building steps for the private sector and sectoral incentives, to stimulate the economy, which is facing losses, layoffs and an investment freeze…
No comments:
Post a Comment