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It is on account of a contagion effect caused by China's financial woes & US increasing the interest rates! But low oil prices will be a blessing in disguise! It will not only control the $ outflows but will also keep a tight leash on inflation! It will help RBI Governor to further reduce interest rates which will boost the GDP growth!
ModiJI is an entertainer. He is bent on eclipsing the record of Congress in making slogans. Slogans are meant for the people of this republic to munch.
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