Current Account Deficit is projected at 1.2 per cent and 1 per cent of GDP in 2014-15 and 2015-16.
PepsiCo Chairman and CEO Indra Nooyi hoped that whosoever comes to power after the next elections will manage the country well so that India clocks a consistent 7-8 per cent economic growth.
Opposition National Conference on Wednesday accused the state government of discriminating against the Kashmir Valley over the distribution of power sector funds as they disrupted the proceedings of the Assembly, forcing the Speaker to marshal them out and adjourn the House for 10 minutes.
All India needs to do is focus on making its business environment more friendly.
Satyam has initiated discussion with a host of banks and institutional investors to get funds to keep its business afloat and has pledged some of its receivables to secure funding, Parekh told reporters in Mumbai on Wednesday. Satyam's new board will meet on Thursday and the day after to discuss issues including appointments of top executives and ways to raise funds, Parekh said.
'It all runs on sugar-coated lies. If I like something, I will want to believe it.'
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