business

Mkt may head to Dec lows on policy inaction: Morgan Stanley

Indian market is losing strength and the rupee too is making new record lows everyday. Investors and experts are worried that the situation may worsen if the government does not pull socks and take action in a hurry. Many reform bills are waiting to be passed in the Parliament, while the government is busy debating over cartoons.

first published: May 22, 2012 10:00 am