look news india
Mumbai/New Delhi, May 14 (HS). Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday said that political stability is the first criterion for strong markets, which is guaranteed by Prime Minister Narendra Modi.
The Finance Minister said this while addressing an interactive session on 'Developed India 2047-Vision for Indian Financial Markets' in Mumbai.
Addressing an event at the Bombay Stock Exchange (BSE) here, he cautioned that the entry of retail investors into risky futures and options trading and the 'unbridled speed' in it could create problems for the savings of families in future. He said that financial markets play an important role in raising and allocating capital.
Addressing the session 'Developed India 2047-Vision for Indian Financial Markets', Nirmala Sitharaman said that government stability is the first criterion for Indian stock indices to make a difference in the growing economy. She said that I want to make it clear to you that the third term of Prime Minister Narendra Modi will be one of stable and good governance.