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    HomeNewsBusinessMarketsWhy foreign investors aren't kicked about Budget 2011

    Why foreign investors aren't kicked about Budget 2011

    Budget '11 was "somewhat populist" and delivered nothing by way of structural reforms, complains HSBC's global head of equity strategy Garry Evans.

    March 01, 2011 / 09:09 IST

    Budget '11 was "somewhat populist" and delivered nothing by way of structural reforms, complains HSBC's global head of equity strategy Garry Evans. In an interview to Moneycontrol.com, Evans says that even the measure aimed at allowing foreign investors to invest in corporate bonds may be slightly negative for foreign equity investors like himself. Excerpts:

    You were underweight Indian equities because they were relatively overvalued. Has today
    first published: Feb 28, 2011 07:04 pm

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