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Interest rate hike for NRI deposits expected

The Hindu

The stage is set for Monday’s announcement. After the assurances, almost as an encore by the Finance Minister and the Prime Minister, on unveiling a booster package to revive the economy and the markets, the bourses, India Inc., various stakeholders and the nation at large are eagerly awaiting a dose of adrenalin to transform the current gloomy environment into one of confidence and boom.

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