Fri,01 Aug 2014
Rupee sinks to a new low, hits people hard
New Delhi, August 29, 2013
First Published: 02:39 IST(29/8/2013) | Last Updated: 04:15 IST(29/8/2013)
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Indian and foreign companies have announced plans to invest about Rs 5 lakh crore since May this year, when the Narendra Modi-led NDA came to power, signaling a possible revival of the stalled investment cycle that has slowed down India’s GDP growth rate.