There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.

For Indian CEOs, the US, China and the UK are important markets.

The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.

Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents

A reversal of policy at this juncture could jeopardise the recent gains on inflation

Through the past few decades, India has been transformed from a largely agriculturally-oriented economy to one in which the services sector accounts for an overwhelming share of gross domestic product (GDP).