NEW DELHI The finance ministry expects a decision on setting up a National Investment Board - a body to approve and speed up stalled infrastructure projects such as roads, ports and airports - would be taken in the next 2-3 weeks, a senior ministry official said on Thursday.
A decision could be taken in the next two-three weeks, Arvind Mayaram, economic affairs secretary in the ministry of finance, told reporters on the sidelines of the World Economic Forum meeting on the outskirts of Delhi. (Reporting by Rajesh Kumar Singh)
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With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column