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How should India temper the impact of US rating downgrade on its economy?

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Business Standard

On Friday, shares of a fourth of top 500 companies on BSE hit 52-week lows. Despite Pranab Mukherjee's assertion that the current volatility is temporary, our claims of being a decoupled market fall flat during these times. How could the government have stopped the domestic markets from catching cold while their global counterparts are sneezing?

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First Published: Aug 06 2011 | 2:36 PM IST

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