Do More With Reuters
Partner Services

Most CEOs expect govt to win trust vote - survey

Mon Jul 21, 2008 4:00pm IST
 
Email | Print | | Single Page
[-] Text [+]

NEW DELHI (Reuters) - A majority of chief executives of Indian companies expect the Congress party-led coalition government to win the vote of confidence in parliament on a proposed civil nuclear deal, a survey said on Monday.

The Associated Chambers of Commerce and Industry (ASSOCHAM) said 72 percent of the 400 CEOs polled expected the government would also speed up unfinished reforms in pension, insurance and civil aviation sectors, and even labour reforms, if it wins Tuesday's vote.

Once the civil nuclear deal is signed, India could attract $40 billion worth of investment in 15 years in nuclear energy as leading industrialists have already commenced negotiations for joint venture agreements with prospective counterparts, it added.

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

People light candles at a vigil to commemorate the victims of last year's militant attacks in Mumbai, in front of the India Gate in New Delhi November 26, 2009. Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. REUTERS/Rupak De Chowdhuri
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan.  Slideshow | Full Coverage 

Photo