NEW DELHI: The BSE benchmark Sensex gave a 400-point salute to Indias 30-slot promotion in the World Banks ease of doing business ranking. Indias ranking improved to 100th place in this years rankings from 130th a year ago.
This was Indias fastest single-year jump ever, with eight of 10 key parameters showing improvement. The sharpest rise was seen in the indicators that matter most to Dalal Street paying taxes and resolving insolvency.
In paying taxes, Indias rank improved from 172th to 119th, while in resolving insolvency, the ranking improved to 103th from 136th.
Also, India took a huge leap to fourth position in protecting interest of minority investors. Mumbai scored 7.3 on regulation on conflict of interest, and 8.7 on shareh…
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