Viral Acharya in October 2018 made a powerful speech lamenting that the government did not respect central bank's independence (with historic examples) and would sooner or later incur the wrath of financial markets, ignite economic fire and come to rue the day they undermined the regulatory institution

The prime minister said people were yearning for a better life and the government must focus on ensuring ease of living, and asked the officials to begin work on making India a five-trillion dollar economy.

S&P Global Ratings Monday said following a decisive victory for the incumbent government, there will be continuity as well as policy stability and will result in improvement in foreign capital flows for corporates in India.

Corporates in India, especially the rated ones, remain hostage to a number of worries surrounding a slowdown in global growth and trade wars

Kiran Mazumdar-Shaw, Chairperson and Managing Director, Biocon Limited said NDA 2.0 must implement and execute the five-year strategic plan envisioned during the NDA's first term

\"The Board has decided to dedicate the second fortnight of May, 2019, -- May 16-31 -- to expeditious disposal of appeal effect and rectification claims of the taxpayers,\" the CBDT said in a statement

Despite its flaws and constraints, the insolvency law has given the desired results in the short run and it looks promising in the long term.

Andhra Pradesh being at the helm of government's ease of doing business index for states is well-known. What grabs eyeballs, however, is the fall in the rankings of some leading states.

The reforms suggested by the department for states and UTs are in 12 areas and that include online single window system for approval, maintenance of land records, central inspection framework, tax enablers, labour regulations and obtaining electricity connection.

The interim budget could give some indication of the government's commitment to fiscal consolidation, which is one of the main sensitivities in the sovereign ratings, Fitch said.