Friday, 26 September 2014

Indian Stock and Equity Market News

Prime Minister Narendra Modi is expected to seek longterm funds for India's $1 trillion infrastructure development plans when he meets President Barack Obama and some of the world's top financiers and investors including Goldman Sachs, GE, IBM and Boeing, and private equity firms such as BlackRock and KKR.

Modi is likely to present a starkly different picture of India on his maiden visit to the United States as prime minister than his predecessor Manmohan Singh did a year ago, officials said. Instead of lamenting about India's decrepit infrastructure, Modi is likely to talk about his comprehensive plans to spruce up the poor infrastructure and logistics that investors consider among the biggest deterrents for setting up shop in the country.

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