Safety at Home
Debashis Basu  and  Shailendra Lotlikar 06 November 2008

The liquidity crunch and credit crisis that originated in the US have hit global financial markets like a whirlwind. The crisis is only getting worse. As the world tries to grapple with it, one more myth has been shattered. We were told by our policy-makers and corporate leaders that the Indian economy is insulated from the global turmoil. The market is no respecter of such theories. Indian...

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