A senior American diplomat today said the ease of doing business in India has witnessed an improvement and there is enormous momentum behind the Indo-US economic ties. 
"There is enormous momentum behind the economic engagement between America and India and we are here to try and increase those numbers...," Assistant Secretary of State for Economic and Business Affairs Charles H Rivkin told reporters here. 

The Department of Industrial Policy and Promotion (DIPP) has formulated action points to ease doing business in the country. Various areas have been identified and action points on ease of doing business index/indicators have been prepared for assessing the overall business performance of the country as well as States/Union Territories. Government has undertaken a number of steps to improve Ease of Doing Business in India.

Department of Industrial Policy and Promotion (DIPP) has formulated action points to ease doing business in the country. Various areas have been identified and action points on ease of doing business index/indicators have been prepared for assessing the overall business performance of the country as well as States/Union Territories. 
Government has undertaken a number of steps to improve Ease of Doing Business in India. Ministries and State Governments of Maharashtra and NCT of Delhi have been advised to simplify and rationalize the regulatory environment through business process reengineering and use of information technology.

The World Bank’s 2016 edition of Doing Business (DB) analysed the health of 189 economies based on detailed diagnostics, measuring regulatory quality and efficiency. In overall Easeof DoingBusiness,India ranked 130th, a discernible improvement from 142 in the 2015 report. Even the 130th slot falls below some Saarc countries — Bhutan ranks 77th, Nepal 99th, Sri Lanka 107th. For starting a business, India takes 29 days on average and ranks 155th — New Zealand at the top of that table takes just half a day. Singapore takes 26 days to issue a construction permit — India takes 191.5. For obtaining an electric connection, South Korea takes 18 days, India takes over 90.

Aiming to attract over Rs 2,000 crore investment every year, the Jammu and Kashmir government on Monday approved a new industrial policy for the next ten years.

"The State Administrative Council, which met here today under the chairmanship of Governor N N Vohra, approved the Industrial Policy-2016 formulated by the industries and commerce department," an official spokesman said. He said the policy will remain effective up to March 31, 2026.

The new policy has been formulated after thorough discussion with all the stakeholders and having concurrence of the finance, planning and development, power development, forest and law, justice and parliamentary affairs departments, he said.

The Board of Investment (BoI) is working on a plan to meet the objectives set in the business improvement plans submitted to the International Monetary Fund (IMF). In the ninth review under the IMF's Extended Arrangement 2016, the government committed to improving business climate and to make a viable time-bound implementation plan which was shared with the IMF. 

The BoI, being the investment promotion agency, had given the lead role to formulate a workable plan for improving business climate.

The domestic stock market opened the week on an optimistic note assimilating the bullish dose from the Budget. The market has maturely responded to the pragmatic initiatives of the government. The reform spree is on the fast track, wherein the executive decisions are taken at break neck speed.

Foreign institutional investors (FIIs) have taken a big plunge after a long time by making heavy purchases. Since the Union Budget, they have purchased stocks in the upwards of Rs 8,500 crore

Coming out with strict steps to protect investor interest,Sebi today decided to bar wilful defaulters from raising public money as well as holding board positions, besides making it must for listed firms to disclose impact of audit qualifications in a separate document. 

To curb malpractices in the securities and commodities markets, the watchdog will boost surveillance mechanism and enhance the supervision of brokers and other intermediaries. 

Sebi has also identified various focus areas for the next fiscal that includes enhanced surveillance mechanism, increased supervision of market intermediaries and encourage ease of doing business through system-driven disclosures.