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EARNINGS REPORT : CG Power Q4 Net Loss Rs 444 Cr Vs Rs 929 Cr YoY EARNINGS REPORT : CG Power Net Loss At Rs 12.1 Cr Vs Rs 1,320 Cr YoY EARNINGS REPORT : Essar Shipping Q4 PAT Rs 76.63 Cr Vs Loss Of Rs 35.6 Cr YoY EARNINGS REPORT : Essar Shipping Q4 Total Income From Ops Rs 306 Cr Vs Rs 209 Cr YoY

“India Stuck With Delayed Reforms, Market Volatility”

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August 30: “Though India’s internal factors are the root cause for the rupee depreciation, the real trigger were the talks surrounding tapering of quantitative easing (QE),” says Taimur Baig, Chief Economist - India, Deutsche Bank. Further, he adds that due to QE tapering financial markets simply do not have the patience for the any corrective measures to provide results.