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Economy and Politics
RBI Governor Duvuuri Subbarao

In a forthright "last public lecture" before he retires next week, RBI Governor D Subbarao on Thursday sharply crticised the Indian government and blamed its "loose fiscal stance" for the current economic woes.

As the rupee's record fall against the US dollar continues to hog the limelight, it has also lost ground and breached key levels against a host of other currencies.
In a research report, the financial services firm said India is among those countries with "external vulnerabilities and questionable inflation targeting frameworks".