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Interim Budget 2014: Rupee has stabilised says FM

New Delhi : The government today said the rupee has fared better than those of other emerging economies and the exchange rate has stabilised. Risks to capital flows were accentuated due to volatile global conditions and the US Federal Reserve's announcement last May of tapering its fiscal stimulus had severely hit the rupee value. "Government, RBI and Sebi took a number of measures to facilitate capital inflows and stabilise the forex market.

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Economy makes 2013 a year to forget

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New Delhi : Slowing growth and rising inflation marked 2013 which the country's economic managers would like to forget quickly in the hope that the new year will bring in new government and some good news. The growth rate continued to slide throughout the year despite desperate attempts by the government  SCOURCE