India News : Rupee recovers after hitting record low of 64.13/dollar
  • 5 years ago
India News : Underscoring how hard it is for New Delhi to push through reforms despite the urgency of a deteriorating economic outlook, parliament was adjourned on Tuesday due to protests by members over a corruption scandal.

India's notoriously dysfunctional lower house of parliament was due to debate a bill to allow foreign investment in the fledgling private pension industry, a reform seen as key to government efforts to attract investment and narrow the current account deficit, which is exacerbating the currency crisis.


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