Analysts Welcome Modi’s Faith in Sitharaman as Finance Minister

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Bloomberg,Fiscal Consolidation,Coalition Government

(Bloomberg) -- Indian Prime Minister Narendra Modi’s decision to reappoint Nirmala Sitharaman as the country’s finance minister is being seen by market...

-- Indian Prime Minister Narendra Modi’s decision to reappoint Nirmala Sitharaman as the country’s finance minister is being seen by market analysts as a strong signal of policy continuity.Musk to Ban Apple Devices If OpenAI Is Integrated Into OSModi’s new cabinet has seen the return of several old faces from his earlier administration.

With Sitharaman’s reappointment, the focus on infra and continued fiscal consolidation should also continue “Given rating agencies have turned positive in their outlook, there is a possibility of a rating change in next 24 months”“With most ministries, including the top four, unchanged, we expect policy continuity from the new government,” Shreya Sodhani, vice president for global research, wrote in a note

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Analysts Welcome Modi’s Faith in Sitharaman as Finance MinisterIndian Prime Minister Narendra Modi’s decision to reappoint Nirmala Sitharaman as the country’s finance minister is being seen by market analysts as a strong signal of policy continuity.
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India Reappoints Nirmala Sitharaman as Finance Minister(Bloomberg) -- India’s Prime Minister Narendra Modi retained several cabinet ministers in key portfolios, including finance, signaling policy continuity in a...
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