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We need appropriate rules to regulate capital flows: FM
Tuesday, October 30, 2007 www.rediff.com
(
Business , Finance
)
India faces a problem of huge capital inflow and needs appropriate regulations as well as risk management systems to avoid any potential shocks, Finance Minister P Chidambaram said on Tuesday.
"Today in India, we face a problem of enormous capital flows. This is a completely new situation for us. We welcome capital but we must learn how to manage capital, how to absorb capital," he told industr
Tags :
Capital-Flows
Chidambaram
Finance
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