Editor's Note

Trial by fire

The appointment of Nirmala Sitharaman as finance minister comes at a very challenging time for India

PTI

There is always excitement when a new government is sworn in, and even heightened expectation when an existing investor-favoured regime continues to steer the ship. The appointment of Nirmala Sitharaman as finance minister comes at a very challenging time for the country. The obstacles that need to be hurdled through are many, ranging from reviving growth and funding infrastructure to generating jobs and dealing with global headwind.