Only six months after Prime Minister Narendra Modi won his re-election with a resounding mandate, the economic outlook in the country looks somewhat bleak. The overall state of the economy was not a primary focal point during the recent Lok Sabha election. Still, it was no secret in the run-up to the polls that sectors such as real estate, manufacturing, banking and finance were troubled. Nevertheless, at the beginning of Modis second term, many hoped that the Prime … [Read more...]