Investors seek concrete details in India budget

Mumbai

IF Morgan Stanley is right, Prime Minister Narendra Modi's first full-year budget on Feb 28 may be the most important since India opened its economy in 1991.

Expectations for Mr Modi have been high since his party won India's biggest mandate in 30 years last May. A disappointing interim budget in July, coupled with the failure to pass key legislation in parliament, have only raised the stakes.