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Periscope.(India)

Newsweek International

| July 19, 2004 | COPYRIGHT 2004 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Sudip Mazumdar, Dan Ephron, Barbie Nadeau, Karin Bennett, Rana Foroohar, Frank Brown, Mehammed Mack, Devon Thomas, Lisa Helem, Nicki Gostin

INDIA

A Passing Grade?

Last week Indian Finance Minister P. Chidambaram unveiled his country's new annual budget, trying to prove that India's 13-year streak of free-market reforms wouldn't be derailed by the newly elected, left-leaning government. Although Prime Minister Manmohan Singh, a highly respected economist, has repeatedly assured investors that there is no contradiction between fighting poverty and continued economic reform, most were suspending judgment until they saw it in black and ...

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Source: HighBeam Research, Periscope.(India)

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