Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Narendra Modi meets ministers holding infrastructure portfolios

May 30 2014, 21:26 IST
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SummaryAfter asking colleagues to set a 100-day target, Prime Minister Narendra Modi today held separate meetings...

After asking colleagues to set a 100-day target, Prime Minister Narendra Modi today held separate meetings with ministers holding infrastructure portfolios to discuss the priorities they have identified and how they plan to implement the programmes.

Those who met Modi included Minister for Transport, Highways and Shipping Nitin Gadkari, Coal and Power Piyush Goel, Steel Minister Narendra Tomar and Oil and Petroleum Minister Dharmendra Pradhan.

Rural Development Minister Gopinath Munde also met Modi.

Modi discussed with them the priorities they have set in their respective ministries.

Getting down to business, the Prime Minister yesterday asked his Cabinet colleagues to set a 100-day agenda with focus on efficient governance, delivery and implementation of programmes.

Believing that the progress of states is crucial for the country's development, he also instructed his Council of Ministers to give priority to the issues brought forth by the state governments as also the MPs.

The directives were given by Modi at a Cabinet meeting here in the context of his 10-point vision which includes increasing investment, completing infrastructure projects in time-bound manner and exploiting the natural resources to the country's benefit.

A number of Governors also met the Prime Minister today.

Those who made the courtesy calls and conveyed their best wishes to Modi were Jagannath Pahadia (Haryana), ESL Narasimhan (Andhra Pradesh), N N Vohra (Jammu & Kashmir) and V K Duggal (Manipur).

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