City pledges to help transform Indian finance.Summary: The City of London has pledged to continue to support India's efforts to transform its financial sector. The City of London has pledged to continue to support India's efforts to transform its financial sector to benefit all citizens, "rich or poor". Ian Luder, the Lord Mayor of London
The Right Honourable Lord Mayor of London is the Mayor of the City of London and head of the Corporation of London. , made the commitment at a Guildhall banquet in honour of the Indian president Pratibha Patil Pratibha Patil (Marathi: प्रतिभा पाटील) (born December 19, 1934) is the 12th and current President of India. She is the first woman and first Maharashtrian to hold this post. , telling her "we offer you our experience". The Indian leader is halfway through a three-day state visit to Britain and was guest of honour guest of honour Noun a famous or important person who is the most important guest at a dinner or other social occasion at the white-tie event. Among those invited were prominent British Asians and City figures including HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) chairman Stephen Green Stephen Green, Steve Green and Steven Green may refer to:
Mr Luder told the guests he had visited India last week and identified areas where the City could help the country's economic development. He said: "Under the eminent leadership of Prime Minister Singh, we applaud the Indian government's commitment to reform and to developing Mumbai's capabilities as a financial centre. We offer you our experience, good and bad, in market creation, governance and, dare I say it, regulation." India is one of the world's key emerging economies and has been encouraging financial reform and foreign investment since the early 1990s. The potential spending power The power of legislatures to tax and spend. Spending power is conferred to state and federal legislatures through their constitution. Judicial Review of legislative spending varies from state to state, but the law of federal spending informs courts in all states. of its growing middle class has proved a strong attraction to leading countries across the globe. Independent Television News Limited 2009. All rights reserved. Independent Television News Limited 2009. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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