TAKE A LOOK-India unveils bigger fiscal deficit, markets tumble

India's new government said on Monday it will hike spending
to spur growth, pushing the 2009/10 fiscal deficit to a much
higher than expected 6.8 percent of GDP, slamming local stocks
and pushing bond yields higher.

The fiscal deficit would be the largest run by an Indian
government in 16 years.

Double click on the codes below in [] to see Reuters
coverage of the budget.
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MAIN STORIES > India hikes spending, deficit goal,markets
reel[ID:nCOL544329] > Highlights of 2009/10 Indian budget

[ID:nDEL539437] > Instant views on new India budget

[ID:nDEL127413] > Indian markets tumble on worries over
deficit [ID:nBOM541913] > India bond supply shock to force more
cbank buying[nBOM537289] > Govt to ensure H1 borrowing won't
disrupt mkt [ID:nBMB005786] > India faces no significant rating
strains-S&P [ID:nHKG343132] > Duty rise to hit India
gold,silver demand-trade[ID:nBOM545461]
MARKET REACTION > Banks lead India stocks down as bond yields
spike [.BO]
GRAPHICS (click on URL) > India's borrowing binge

here >
India's tax receipts and tax:GDP ratios

here >
India's ballooning government expenditures
here
FACTBOX > India's 2009/10 budget and the economy
[ID:nDEL528986] > Proposed tax changes in new budget
[ID:nDEL547446]
BUDGET PREVIEWS > SCENARIOS-What to look for in India's
budget [ID:nDEL336363] > POLL-India govt seen ramping up
borrowing again[ID:nBOM402323]
ANALYSES > As India slows, demand grows for labour reform
[ID:nBOM468303] > India infrastructure may hit funding
roadblock [ID:nBOM477966] > India consumers draw investors from
China story[ID:nHKG266563] > Fiscal prudence can wait, India
eyes growth [ID:nDEL340803]
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India [IN-RTRS-LEN]
India debt [IN-DBT-RTRS-LEN]
Economies [MCE-RTRS-LEN]
For a full guide to Reuters news and data on India: INDIA
(Asia Treasury Desk, +65 6870 3840; kim.coghill@reuters.com)