INDIA: Containing the surge of the economy

Updated October 31, 2007 20:59:57

India's powerhouse economy set a new record earlier this week, with the main share index hitting more than 20-thousand points for the first time. Foreign investors are scrambling to buy into one of the world's fastest growing economies. But market regulators are anxious to contain the surge.

Presenter: Joanna McCarthy
Speakers: Harish Damodaran, senior assistant editor at the Hindu Business Line; David Cohen, director of Asian economic forecasting at Action Economics, Singapore