India Inc seeks clarity on economy

India Inc petitioned P Chidambaram for lower interest rates, clarity in tax laws and investment stimulus to change the negative sentiment.

CII President Adi Godrej and FICCI president R V Kanoria met Chidambaram on Thursday. "Interest rates should be brought down ...we need policy that attracts foreign investor, the kind of negative publicity India has got in recent times has to be reversed. Clarity in tax regime is required," HDFC Chairman Deepak Parekh told reporters after the meeting.