India reckons revived reforms for failing economy

The tapering trends in Indian economy urgently demands deepening of economic reforms so as to stabilise the dwindling economy of the country. India's Finance Secretary Arvind Mayaram stated this while interacting with the mediapersons in New Delhi. Earlier on Wednesday (September 18) the US Federal Reserve announced that it will continue with its monthly $85 billion bond buying programme and wait for more evidence of growth recovery. He also assured that the Indian government is working for the growth recovery and normalisation of the Indian currency.