China hits Indian economy

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    China hits Indian economy
    Finance minister Arun Jaitley today blamed external global factors for the market`s crash specially China , while defending domestic factors. He said that external factors are responsible for the current turbulence in the markets, adding that not a single domestic factor has contributed to it. India has sufficient foreign exchange reserves to intervene in the market to curb any possible volatility in the rupee, the Reserve Bank of India Governor Raghuram Rajan said Monday.
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