Markets

Aug 4, A. Prasanna: India's economy on 'autopilot'

Part 3: Investors are preferring to wait until the Indian election of 2009 and political uncertainty is over, which has put the economy on "autopilot", says A. Prasanna, senior economist, ICICI Securities Pd. But he tells Joe Leahy, FT Mumbai correspondent, that India's long-term fundamentals remain intact.