Analysts at Nomura point put that India’s ranking in the World Bank’s Ease of Doing Business league table has jumped to a high of 77 (of 190 countries), from 100 last year and 130 in 2016 – underscoring a concerted government reform effort to climb from the nadir of 146 in 2014. Key Quotes “The biggest improvements were in the categories of construction permits, trading across borders and starting business.” “India nonetheless remains an inhospitable place to enforce contracts, pay taxes, register property and resolve insolvency, where it features amongst the worst performers. The deterioration is surprising given recent strides in introducing the Goods and Services Tax and the Insolvency and Bankruptcy Code, suggesting that the benefits have yet to percolate down to local businesses and stakeholders.” “Sustained reforms leading to better scores should eventually translate to a medium-term positive for foreign direct investment, but their effectiveness in easing near-term current account funding pressures remains limited.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD drops to over 1-week lows, farther below 1.31 handle FX Street 4 years Analysts at Nomura point put that India's ranking in the World Bank's Ease of Doing Business league table has jumped to a high of 77 (of 190 countries), from 100 last year and 130 in 2016 - underscoring a concerted government reform effort to climb from the nadir of 146 in 2014. Key Quotes "The biggest improvements were in the categories of construction permits, trading across borders and starting business." "India nonetheless remains an inhospitable place to enforce contracts, pay taxes, register property and resolve insolvency, where it features amongst the worst performers. The deterioration is surprising given recent strides… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
