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In Graphics: What India's decisions on FDI mean
The Narendra Modi government on Monday used a cleverly orchestrated twin-pronged strategy to face down the threat of a market meltdown because of the so-called Rexit scare. The government ordered state-owned financial institutions to prop up the markets by scooping up stocks in the morning and opened a rucksack of reforms in the afternoon to enliven investor interest in the Indian growth story.
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Sachchida Nand Tripathi
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