In late 2013, Goldman Sachs Group Inc. expressed optimism about India amidst a growth slowdown, titling its report "Modi-fying Our View," referring to Narendra Modi, then a favored prime ministerial candidate. However, a decade later, Modi's zeal for reform has waned, with the BJP's promises now more modest. Despite this, global financial industry support for Modi remains high, with expectations of increased overseas capital post-elections. This new investor-Modi compact focuses on what he won't do, such as following authoritarian paths like China's Xi Jinping or pursuing ultra-low interest rates like Turkey's Erdogan. With a favorable environment for investors, Modi's potential third term is anticipated to bring increased investment, guided by discretionary incentives and protective trade barriers.
Related Keywords
India , New Delhi , Delhi , Turkey , New York , United States , Beijing , China , Turkish , Chinese , Jamie Dimon , Big Four , Narendra Modi , Gautam Adani , Sajjan Jindal , Tayyip Erdogan , Tesla Inc , Steel Ltd , Mukesh Ambani Reliance Industries Ltd , Economic Club Of New York , Bloomberg , Modi Bharatiya Janata Party , Goldman Sachs Group Inc , Unilever Plc , Young , Jpmorgan Chase Co , Tata Group , Congress Party , Goldman Sachs Group , Bharatiya Janata Party , Chief Executive Officer Jamie Dimon , Economic Club , Both Goldman , Turkish President Recep Tayyip Erdogan , Mukesh Ambani , Reliance Industries , Lok Sabha Polls , Lok Sabha Elections , Pm Modi , Elections In India , Xi Jinping , Balance Sheet , Interest Rate , Inflation , Business , Investors ,
comparemela.com © 2020. All Rights Reserved.