India improves ease of doing business

In the latest World Bank report on ease of doing business, India climbed 23 places in a year to rank 77th out of 190 countries.

Modi tweet: pleased with the new rise in the ranking of the "ease of doing business" in India. Our commitment to economic reform is unwavering, ensuring an environment conducive to industry, investment and opportunity. @World Bank

"The jump in the ranking of India under the [World Bank] Radhika Rao, an economist at DBS Bank, told CNBC that the ease of doing business was a recognition of recent progressive reforms. short-term growth ".

India is currently fighting against an unstable rupee and a growing current account deficit while preparing for next year's general election.