Amid pressure over UPA-II FDI reforms along with debut of Parliamentary Winter Session, Prime Minister Manmohan Singh will host a dinner for the BJP leaders today at his own residence.
Following his dinner diplomacy, Mr. Singh just a day before has hosted a dinner for his party UPA allies on Friday night and now second move towards BJP Opposition Party, seek his futuristic strategy to get overall support in politicla reform. Read more
Union Cabinet’s meeting on second round of reforms of pension and insurance in FDI to 49% has raised the hopes in investors for more scope of investment and breaks the record with 50-share Nifty reaching 5,800 mark on Thursday.
Sensex is showing strong hopes that UPA will bring more FDI Caps in Insurance and Pension as well as Infrastructural sectors along with approval of Bills today, bringing more opportunity in PSU banking, auto sector, civil aviation and infrastructure sector. Read more
Cheering up UPA’s FDI reform in India, allowing greater foreign investment in the multi retailing, Sensex hit a recommendable ever 14 months highest record of 18,753, push by 404 points on Friday, gained rupee by 93 paise.
By Prime Minister Manmohan Singh reform addressing, a flow of confidence has to be seen in investors, especially SBI lenders with Read more
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