 Online edition of India's National Newspaper Monday, November 03, 2008 |
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‘Inappropriate timing’ of Centre’s moves Bill introduced to raise FDI limit in insurance FINANCIAL SCENE Market meltdown and monetary policy financial scene The global financial system is amidst a crisis of unprecedented dimensions Reserve Bank’s new measures The RBI’s package of monetary measures announced on November 1 is significant both for its timing and scope. Announced on a day the markets are closed, the package cannot be faulted for being directed at stock markets alone. In fact the ...
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