Sunday, November 22nd, 2009

Posts Tagged ‘ Government Budget Deficits ’

India’s Budgetary Woes Are a Warning to Global Investors

Jul 14th, 2009 | By Martin Hutchinson | Category: Emerging Markets, Featured

When India unveiled its annual budget on July 6, it immediately caused a sharp drop in the rupee, as well as a 5.8% decline in the benchmark BSE Sensex stock index that had soared 55% so far this year.