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Has UPA 2 lost the battle to revive the faltering economy?

BusinessAugust 16, 2013, 11:23 pm

With the economy not showing signs of coming out of the slowdown, the markets crashing and the rupee hitting a record low of 62 to the dollar on Friday, Finance Minister P Chidambaram appealed for calm and urged people not to spread panic saying that the sharp falls in domestic markets that sent the rupee to a record low were a reaction to global developments and he expected calm to return soon.

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