Tag: Commodity Trading

5Aug

PM Narendra Modi’s Visit To Nepal – A Trust Building Step

In a row of strengthening relationship with the neighboring countries PM of India visited Nepal after Bhutan. Few days back foreign minister Sushma swaraj also visited this Himalayan country to make a good environment for the visit. This is after 17 years when any official designated to such a higher authority making visit to the country. It makes this visit more significant and historic to the whole world and clears the foreign policy of Indian Prime Minister among other nations.

Impact on the common men in Nepal

Around 80 % of the population in Nepal devotee to the Hindu religion. After the declaration that he plans to visit Pashupatinath, a Shiva Linga Temple gives Narendra Modi a lot of publicity among people. More news like meeting with the Nepali family of his Godson Jeet Bahadur in his busy schedule and showing interest in talking to the common people also increased his popularity.

Reactions from Media and the Nepal Government

Importance of his visit is showed by the Nepal government many times during the visit. Two time the protocol was broken, the hymns preparation done by the young 108 brahmins of the Pashupatinath temple and the address of Modi to the Nepali Parliament. Every place the hosting country showed the welcoming gestures and environment.

A significant step of India

After the appointment of the Prime Minister, the world is looking very positively towards India. As Modi government took the clear cut majority not only Indians but other nations also giving importance to the republic of India. As it is hoping that, in the coming years India will gain more prestigious place in the globe. After improving relationship in the BRICS summit and making the Development bank which may strengthen the Indian currency in future, Indian government is continuously tending towards improving the connections with the neighboring nations. This will not only help to deal with the borders matter with China but also help to make the position strong among the bordering countries.

If you see it in present perspective then this visit didn’t appeared to be as important as it is, but when the futuristic and wider approach is applied then this visit plays an important role in the coming years. There is no direct impact on the economy and capital market of India but in future, when such strong steps strengthen the position of India in terms of defense and economy then the stock market will surely got the positive impact.

For more Stock Trading Tips refer other posts too.

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