Ironically, one of his greatest challenges during the coming year will be writing himself out of the script.
JPMorgan said it had hired Kalpana Morparia, one of India 's most senior domestic bankers, to run its operations in the country.
India's inflation rate shot up to its highest level in more than 16 years this month, increasing the chances of the fourth rise in interest rates in Asia's third-largest economy since June.
India plans to push ahead with listing Bharat Sanchar Nigam, the state-owned telecoms group, in what would be the country's first large privatisation since the government came to power four years ago.
Commercial banks are moving swiftly to strengthen and expand their operations to service the companies responsible for soaring trade levels between India and China.
In a country that depends on imports for more than 70 per cent of its oil and charges retail consumers of petrol and diesel less than half the global market price, the rise in crude this year above $140 a barrel has delivered an economic shock. India's cherished high rates of growth are under threat from soaring inflation and widening deficits on the fiscal and current accounts.
Nowhere is the need for infrastructure more evident than in India 's cities.
Indian billionaire industrialist Anil Ambani has joined up with the family of Amitabh Bachchan, the Bollywood actor, to set up a joint venture to make films.
A landmark tax case between Vodafone of the UK and the Indian government that is set to determine the future climate for mergers and acquisitions in the country began on Monday.
CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (pound 126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.
For all the praise the government has heaped on itself, there is little evidence that this sentiment is shared by the wider Indian community, particularly those seeking more aggressive economic reforms
A flare up of sibling rivalry between India 's billionaire Ambani brothers over the proposed takeover of mobile operator Reliance Communications by South Africa's MTN is threatening to spill over into the courts.
How do you motivate the motivators? How do you teach leadership to leaders?
As India's largest drugmaker unveiled a deal worth up to $4.6bn to sell control to Daiichi Sankyo of Japan, the disbelief at the press conference was palpable.
Vedanta Resources, the UK-listed mining group, is planning to invest $20bn in India in the next four years to expand its metals, mining and electricity generation operations in the country.
Standard Chartered, the UK-based emerging markets bank, and ArcelorMittal, the world's largest steel company, are considering listing in India using a domestic depositary receipt programme. The proposed listings are still at an exploratory stage.
People who know Mr Ambani, estimated by Forbes as the world's sixth richest man with a net worth of about $42bn, say the deal is typical of his aggressive style.
A possible merger of Reliance Communications of India and South Africa's MTN could see Anil Ambani become the enlarged group's chairman and biggest shareholder with a stake of almost 35 per cent.
Like Bharti, India 's largest mobile operator, Reliance has global aspirations. After losing last year's keenly-contested $11bn takeover of Hutchison Essar, India 's fourth-largest mobile operator, to Vodafone of the UK, Reliance needs to raise its game or risk becoming an also-ran.
India 's government has obviously never heard the maxim: "Don't put off until tomorrow what you can do today". The government routinely defers decisions by commissioning studies of thorny issues in the hope they will have blown over by the time a report is filed a year later.
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