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Can RBI shield rupee’s from falling more? Analysts expect up to $75 billion in fresh inflows

Reserve Bank of India’s monetary policy measures are seen a coordinated attempt to shift market perception of rupee from depreciation concerns towards stronger capital inflows. SBI Research estimates that the measures could trigger at least $40 billion in inflows, potentially supporting the rupee towards the 92–93 levels. At the same time, Kotak Securities places the...
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Ebola scare in India: Three African nationals quarantined for 21-days in Chhattisgarh’s Durg | India News

NEW DELHI: Amid the recent surge in Ebola virus cases across several parts of Africa, Chhattisgarh has reported three suspected cases involving foreign nationals who were isolated in Durg and placed under a 21-day quarantine as a precautionary measure.State health minister Shyam Bihari Jaiswal on Saturday announced that the state is fully prepared to handle...
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Banned antibiotics behind 43% of shrimp export rejections; CDSCO seeks stricter enforcement | India News

NEW DELHI: Nearly 43% of cases in which Indian shrimp exports were rejected by the US, European Union and Japan this year were linked to residues of banned antibiotics, prompting India’s drug regulator to seek stricter enforcement of existing restrictions.The Central Drugs Standard Control Organisation (CDSCO) has directed all states and Union Territories to strengthen...
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