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Byline: George Wehrfritz (Rana Foroohar Michael Hirsh, Mark Hosenball and John Barry Michael Isikoff Holly Bailey Lorraine Ali Karen Springen)
India: Let Your Money Free A U.S. delegation led by Sen. Charles Schumer met with officials in Beijing last week to discuss tensions over China's undervalued currency, which makes its exports cheaper. And while a confrontation was temporarily averted, no concrete progress was made. "Things are better than they were a week ago," said Schumer. "But the jury is out." Not so in India, where Prime Minister Manmohan Singh last week proposed full convertibility of the rupee. Such a move would put Asia's second emerging giant on ...