It has taken some deep surgery, but India’s capital markets are at last on a much stronger footing. Now that regulators have done their part, it is up to investors and business leaders to take the economy to the next level. From one of the ‘fragile five’ a few short years ago, India has become a standout among the world’s emerging markets. Equities are up handsomely this year, the currency has stabilised, and foreign investors are circling. Much of this is down to policy measures – both at the government and the central bank. Narendra Modi’s...Read more