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Contends that the fall of Indian Prime Minister H.D. Deve Gowda, was a test to see whether economic policy in India can survive a chaotic political atmosphere in which the success of coalition governments is questionable. Reference to a vote issued by the parties which ousted Gowda; Details on a pro-reform budget introduced in India; Advantages of the budget; Contributing factors to the demise of the United Front Coalition.

Reports that in an effort to bring the crisis relating to the Congress Party's leader's gamble for power in India to a resolution, India's President Shankar Dayal Sharma instructed Prime Minister H.D. Deve Gowda, to face a parliamentary vote of confidence by April 01, 1997. Reference to the scandal faced by the Congress Party; Effects of the crisis on the Bombay Stock Exchange.

Focuses on the political turmoil in India as the Congress Party withdrew its support for the Prime Minister H.D. Deve Gowda's ruling coalition, saying it wants to form its own government. Effects of the decision on business sentiments; Why the support of congress is so important; Explanation given by Congress regarding its decision; Comments from analysts of the situation; Possible effects on economic reform.

Presents information on a budget assembled by India's Finance Minister P. Chidambaram. Objective of Chidambaram's budget; Criticism of the budget; Significance of the budget to economic reform in India; Comments by Deepak Parekh, chairman of Housing Development Finance Corporation; Impact of the budget on the performance of stocks in the Bombay Stock Exchange index.

Reports that the stock market activity worldwide as of July 31, 1996. Includes the improvement of the stock market in India; Drop in Tokyo, Japan stocks due to investor anxiety about new offerings of bank shares and index-linked arbitrage; Gain posted by equities in Paris, France; Stock market rally in Sydney, Australia.

Reports that India's upper house of Parliament has approved a bill to modernize the country's paper-based share-trading system with the formation of share depositories. Disadvantages of the paper-based system; Outlook for foreign investment in India.

Reports on the budget of India for 1997. Market reforms; Outlays for agriculture, infrastructure and education.

Looks at world stock markets as of May 14, 1998. The plunge in Asian stock markets and currencies as antigovernment demonstrations in the Indonesian capital grew violent; The rise in the Dow Jones World Stock Index; The drop in the stock market in Bombay, India, amid investor concerns that India had conducted nuclear tests.

Focuses on the $64.2 billion budget presented by Indian Finance Minister Yashwant Sinha on June 1, 1998, denying that sanctions imposed on India for conducting their nuclear tests will affect is economy. Details on the budget by the ruling Hindunationalist Bharatiya Janata Party; Information on India's economic conditions; Reference to the performance of shares in Pakistan; Further information on the Indian budget.

Focuses on the impact of the United States (US) and Japanese sanctions against Indian for its nuclear tests, on the performance of the Indian rupee on May 14, 1998. Performance of shares on the Bombay Stock Exchange; Indian officials' projection of the loss of billions of dollars in deferred or canceled US aid and bank credit to India's economy; Expectations of local financial markets.

Focuses on 1998 elections in India, which have reportedly produced more political instability, according to Indian businessmen. How stocks performed in that country during the first three days of March, 1998; Outcome of elections in India; Examination of the country's economy.

Focuses on India's efforts to save the value of its rupee currency as of December 2, 1997. Sale of United States dollar reserves by India's central bank; Additional information on economic conditions in India; How the Asian financial crisis has affected India's currency.

Presents information on the the political conditions of the government in New Delhi, India. Information on India's once dominant Congress party; Impact of the Congress party on the government; Threats made by Congress. INSET: Six years in the making: India's political crisis..

Focuses on the electronic shares trading in India, while relating to the growth of the Indian stock exchange. Information on foreign investment in India; Changes made at the Indian Securities and Exchange Board; Advantages of the changes.

Presents information as it relates to the automobile industry focusing of the move of Japan's car makers into India joined by car-parts makers. Plans of Honda Motor Company to launch its City model in India during the early period of 1998.

States that despite India's immunity from the currency crisis affecting Southern Asia, economic pressures in the country may result in the devaluation of the rupee. What the rupee's continuing strength is a result of; Dilemma that the rupee's strength has created for policy makers; Efforts by India to prevent the rupee from rising against the dollar.

Takes a look at the stock market in Bombay, India and warns investors that the Bombay's stock market has little to offer in 1996. The stocks falling more than 50 percent since 1994; India's stock market boom in the early 1990s; Which stocks have been hurt; India's 23 exchanges cluttered with thousands of dead stocks.

Discusses the laughing clubs that have been springing up in Bombay, India's financial capital. The Priyadarshini Park laughing club, as part of a trend started by Dr. Madan Kataria; His popularization of an ancient yoga breathing and laughing posture; The number of enthusiasts who are laughing their cares away; The exercise that help people shed inhibitions and build self-confidence; Other health benefits, according to Dr. Kataria.

Reports that Muslims all across India are turning against Prime Minister P.V. Narasimha Rao's ruling Congress Party. Feeling of betrayal experienced by Muslims after communal riots in Bombay in 1992 killed more than 1,000 people, most of whom were Muslims; Muslim voters as the decisive factor in many constituencies; Rao's appointment of Muslim members of his party to ministerial posts.

Reports that India's ruling Congress Party is lagging behind the Hindu-nationalist Bharatiya Janata Party in the 1996 general election based on a voter survey. Campaign platform of both parties; Projected number of seats to be won by the Bharatiya Janata Party.

Reports on the implications on the increase in real interest rates of companies in India. Central bank's efforts to orchestrate the money shortage; Growth of the anti-inflation strategy.

Focuses on the impact of Indian rupee's 17% fall against the dollar on inflation and further liberalization of India's currency regulations. Forcing of government to increase prices of oil products; Reserve Bank of India's abolition of dollar-denominated credit at concessional interest rates for exporters.

Reports on the payment of 7.99 billion rupees to the Indian government by ITC Limited after a tax tribunal upheld a 1987 excise-department claim. Explanation of excise claims; Imposition of more penalties on company; Impact on ITC's profit margin for 1995 to 1996; ITC's response to situation.

Focuses on a Reliance Industries Limited's request to delist its shares in Bombay, India. Brokers' comments; Bombay Sensitive Index; Reliance designated director, Rajendra Banthia's remarks.

Focuses on the performance of Asian financial markets during 1997. Effects of the Hong Kong dollar on interest rates; Indepth look at individual markets.