Search

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.

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.

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.