Union finance and corporate affairs minister Nirmala Sitharaman affirmed that the economy is in good shape.
The minister also gave a hint at sustained support to exports, as “these are facing external headwinds” and steps to attract more foreign investments. “We want to draw more foreign investments into India so that the growth momentum is not lost. We are definitely working on this,” Sitharaman said.
Keki Mistry, vice chairman and CEO of HDFC, walked away with the Lifetime Achievement Award for his four decades of work in the mortgage space. “I am proud to receive the award from the Express group which is known for its journalistic integrity. I am proud that HDFC, which was set up to facilitate delivery of homes to middle-income Indians, has developed into a financial conglomerate,” Mistry said.