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Statesman News Service

Calm down

India can neither in its own interest afford ~ nor will the world accept ~ a 21st century redux version of the so-called Chinese model of development which was accompanied by a simultaneous ravishing of natural resources and the widespread suppression of citizens’ rights.

Balancing Act

This duality of tightening and loosening monetary policy underscores the Fed's delicate task. It is clear that the Fed is well aware of the inflation dragon it's trying to slay.