Financial Times FT.com

Indian budget disappoints investors

By James Lamont in New Delhi

Published: July 6 2009 07:44 | Last updated: July 6 2009 11:45

Disappointed investors sold off Indian stocks on Monday after the newly elected government’s national budget fell short of expectations of faster economic reform and fiscal consolidation.

Farmers enjoy a break in Kashmir

Farmers enjoy a break in Kashmir. The rural poor will benefit from budget through welfare support

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