The World Bank, released the Doing Business (DB) Report, 2018 on October 31, 2017. India ranked 100 among 190 countries assessed by the World Bank, a quantum leap of 30 notches over its rank of 130 last year. The DB report is a useful metric of assessing how businesses, old and new, are finding conditions to do business in the country. According to the World Bank, New Zealand is the easiest place to do business, followed by Singapore, Denmark, South Korea and Hong Kong. In my view, this improvement in ease of doing business in India should significantly reduce the premium implicitly included in cost of capital of doing business in India and make India a favourable investment destination.

Source: Hindustan Times November 16, 2017 13:07 UTC