“India Not Alone In Current Turmoil”
  • Gaurav Sarkar
  • Aug 21 2013

August 21: Sajid Chinoy, An Indian Economist at JP Morgan, states that Rupee fall is the gravest problem right now and that there is no big bang solution the current account. “The government is being pragmatic about balance of payments,” he points out, adding that sovereign/ NRI bond issues are not a feasible solution.