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Eco Not In A Crisis, It Is A Battle Of Nerves: Ajit Ranade

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While the government has argued that the rupee's free fall is a result of the monetary policy changes being made in the United States, many others argue that the dismal state of India's domestic economy is to blame as well. Bloomberg TV India speaks to Dr. Ajit Ranade, President & Chief Economist, Aditya Birla Group to find out how bad is the situation? Can we call it a crisis or just a challenging time?