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INDIAN HOTELS : MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30

Rates Are Not The Sole Trigger For Corporates: D. Subbarao

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Reserve Bank of India Governor D. Subbarao speaks about the investment climate in India, saying that corporate sentiment is quite low at the moment. With the investment pipeline drying up and low capacity utilisation, investment optimism is quite muted, he said. However, co-operative action by the centre and the states can turn corporate sentiment.