gfiles magazine

October 23, 2013

Temporary cheer

dr gs sood
Temporary cheer
THE market greeted the youthful RBI governor with all-round cheer by showing an impressive rally of 10 per cent, the rupee recovering by a sharp 10 per cent, trade deficit recording its lowest figure in the past four months and so on, simply due to his sharp understanding of the economy and financial markets. All this probably got support from abroad with FIIs buying to the tune of US$2 billion worth of Indian stock backed by Read More...

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