Summit To Discuss Forex Issues

A summit to be held in India on November 22, 2005 will discuss the recent forex issues affecting the global market place and India’s as well. Called the 2005 Hindustan Times Leadership Summit, the gathering will attempt to identify the impact of global events on India’s economy and bulging forex reserve.

The head of London-based Nasdaq Charlotte Crosswell will be leading the summit together with India’s top local officials such as M Damodaran, India’s securities market regulator, and Ravi Narain, India’s National Stock Exchange managing director.

A two-day summit, India’s finance minister P Chidambaram, a key instrument in liberalizing India’s financial markets, will end the summit with keynotes on building a better future for the country. Chidambaram currently faces the tough job of guiding India’s next generation reforms in balance with the coalition politics compulsions.

Other topics to be discussed in the summit include the possible co-existence of shareholder value and service to society, India’s telecom networks, and other reforms needed by the industry.

(Source: The Bottom Line: What’s In It For India?, Hindustantimes.Com)