New Year Greetings to all our readers and paper contributors! Integration of Indian economy through GST, improvement of Ease of doing Business by 30 points and up gradation of Moody’s rating for Indian economy have contributed to positive outlook of Indian Business environment. While the objectives of the policy should be creation of jobs along with growth to match aspirations of Indian Youth, measures to revamp banking sector through recapitalization is a positive step to improve business expectation that could boost investment in the private sector. Rising inflation is a concern, as this discourages interest rate adjustment as a tool of macroeconomic management.