Tag Archives: India economy

Invest in India, with or without government reforms

The ruling Congress party staged a huge rally over the weekend to defend recent reforms and build support for more foreign investment in retail and insurance. Just last week the Premier, Manmohan Singh, replaced members in his cabinet to reach the younger electorate and restore credibility to a government that has been racked by widespread corruption. Elections in India are held every five years and are scheduled next for 2014.

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Indian airline sector remains in deep trouble

Since the advent of deregulation in the Indian airline sector, aviation companies have been plagued by a lack of consistent profitability due to an inhospitable operating environment. Now the industry is in dire straits as a result of excessive competition, government interference, inadequate infrastructure, poor management, and rising fuel prices.

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