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Amazon vs. Future lawsuit sheds light on tricky Indian contracts

International investors to scrutinize Delhi high court ruling

During his January visit to Delhi, Amazon CEO Jeff Bezos, right, pledged an additional $1 billion investment over the next five years after having invested over $6 billion so far.   © Reuters

TOKYO -- One of the biggest economic achievements by Indian Prime Minister Narendra Modi thus far has been his efforts to push the country up in the World Bank's annual ease-of-doing-business rankings. India has managed to move up almost 80 places, from 142nd in 2014 to 63rd among 190 economies.

But India has completely failed to improve in one of the 10 areas that the World Bank measures: Ease of enforcing contracts. India's rank here edged up from 186th out of 189 economies in 2014 to only 163rd today.

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