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Chances of India's downgrade high: Naina Lal Kidwai

PUBLISHED ON: October 6, 2012 | Duration: 22 min, 31 sec

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HSBC India country head Naina Lal Kidwai says the government looks serious about bringing down the fiscal deficit though there are chances that the country's sovereign rating may be downgraded. The diesel price hike has been the most significant move so far, she added.
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