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New Economic Affairs Secretary takes over

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  • India impact

    “We are largely unaffected by the global financial shake-up. But we are addressing the areas of concern with suitable action”

    FII outflows

    “This is not much to worry. Domestic financial institutions including mutual funds are also big players and provide a counter-balance”

    Financial sector reforms

    “Our financial sector is not so open, perhaps why we were insulated...but we need to liberalise over a period of time”

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