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Daily News Analysis
Reserve Bank Governor Raghuram Rajan said on Wednesday that the cap on foreign portfolio investments in the government debt will be increased in a "steady" and "measured" manner. "We want a steady increase in limits, a measured increase so that we understand what is happening and we see the market develop as these limits are increased. We do think FPIs are extremely important to market...
The Business Insider
In June 2010, Brian Brandow was planning a summer trip for his family when he noticed something alarming: All five of his credit cards were maxed out, and he had no available cash. "I went to my wife and said, 'We can't afford a vacation. We have to do something about our finances,'" remembers the Long Island, New York-based father of three. "We make too much money not to be able to afford a...
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