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Economy and Politics

Retail in India is a complex business, where a stockpile of cash is a big advantage. A new store takes time to stabilise and break even, so companies must balance the number of stable, profit-making stores and new ones. A fat pile of cash can make the ride shorter and smoother.

 
 
With the rupee continuing with its free fall, RBI says it was doing everything it can to stabilise the exchange rate to reduce volatility of the currency.
In their reports to clients worldwide, most of them blamed policy inaction by the government as a major roadblock to the Indian economy.
High inflation has led to steep interest rates. And the lack of any constructive policy action has pushed investors and businesses into a corner.

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