27 October, 2020

Biztro

Business in bitesizes

Biztro
outlookindia.com
-0001-11-30T00:00:00+05:53


Illustration by Saahil

1. Sound-And-Light Show

Officially, industrialists were at their diplomatic best after the prime minister’s second interaction with top CEOs and financiers (plain-speaking Deepak Parekh of HDFC was not present thanks to his son’s wedding in Greece). But off-record, India Inc was seething at Narendra Modi’s call to industry to do its bit to revive demand and push up manufacturing. That’s all very fine, said one well-tailored suit present at the meet, but when will the government do its bit? With the Sensex now at a 15-month low and near pre-Modi levels, it’s clear that India Inc is hoping for some, any action—or even a miracle.

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