India now ranks 130 out of 189 countries in the ease of doing business, moving up 12 places from last year, according to a World Bank report. Singapore remains the easiest place to do business, while developing countries stepped up their pace of business-friendly reforms in the past year.
New Zealand remained in the number-two position, followed by Denmark (3), South Korea (4), Hong Kong (5), Britain (6) and the United States (7). Sweden moved up a notch to number eight, switching places with Norway. Finland kept its 10th place.
China is ranked 84 and Pakistan is at 138th place.