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Rate Cut to Have Limited Impact on Industry: AV Rajwade

PUBLISHED ON: October 27, 2014 | Duration: 13 min, 17 sec

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Forex and treasury risk management consultant AV Rajwade said interest payments formed barely 2-2.5 per cent of revenue of Nifty companies. The government should work towards reducing regulatory and tax tangles to revive the animal spirit of industries, he added.
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