Market, corporate expectations on India budget

Newswire

BOMBAY, Feb 24 (Reuters) - India's financial markets are betting the annual budget will further open up sectors such as banking and telecommunications to foreign investment. Other measures expected in the 2003/04 (April-March) budget, to be presented to parliament by Finance Minister Jaswant Singh at 11:00 a.m. (0530 GMT) on Friday, include lower taxes and simplifying complex procedures. Following are some of the expectations based on a Reuters survey of analysts, traders and industry ...

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