real-time news and commentary for investors
Friday, Sep 21
2012, 7:28 AM
Following through on its threats, the Trinamool Congress pulls its support from the ruling...
Following through on its threats, the Trinamool Congress pulls its support from the ruling coalition in India over economic reform plans such as allowing foreign retailers to operate in the country. Nevertheless, the government moves on, cutting taxes on overseas borrowing, making it easier to invest in stocks, and maybe allowing greater investment by foreign insurance firms. Sensex +2.2%.