Profit

Market meltdown: Time for desperate measures?

PUBLISHED ON: October 24, 2008 | Duration: 2 min, 39 sec

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Even as many analysts showed surprise about the lack of any action by the RBI in its credit policy announcement, expectations are now building up on how every passing day could see drastic measures to fix the Indian economy. It is clear that India is getting sucked into the global crisis despite showing signs of a healthy growth rate. But the finance minister says it will take unorthodox measures to fix the system. The big question is what could they be?
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