Crashing markets spell trouble for India’s privatization plans
By Manoj Kumar and Rajesh Kumar Singh NEW DELHI (Reuters) - The collapse of the rupee is derailing India‘s hopes of raising more than $6 billion from the sale of stakes in state-run firms, jeopardizing a key plank of Finance Minister P.Chidambaram’s blueprint to reverse the country’s economic malaise. Investor confidence has evaporated amid fears Continue reading →