Opportunity in adversity
Indias twin deficits are at elevated levels. The July-Sep CAD was at an alarming 5.4%, while the fiscal deficit touched 80% of the full-year target by November-end

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Indias twin deficits are at elevated levels. The July-Sep CAD was at an alarming 5.4%, while the fiscal deficit touched 80% of the full-year target by November-end

First Published: Jan 07 2013 | 12:37 AM IST