Reported 11 months ago
Indian Prime Minister Narendra Modi's decision to reappoint Nirmala Sitharaman as the finance minister for India has been positively received by market analysts as a sign of policy continuity, with expectations for a focus on infrastructure development and fiscal discipline. The new coalition government sees a mix of old and new faces, aiming to balance fiscal demands in a coalition government context. Comments from analysts at institutions such as Goldman Sachs, Nomura Holdings, DRChoksey FinServ, Target Investing, and Barclays PLC highlight expectations for infrastructure development, fiscal consolidation, and policy continuity under Sitharaman's leadership.
Source: YAHOO