BREAKING NOW: PM makes statement on economy in Lok Sabha: - - TopicsExpress

BREAKING NOW: PM makes statement on economy in Lok Sabha: - Falling #rupee a matter of concern - Unexpected external factors led to rupee decline - Rupee hit due to high CAD - #CAD has deteriorated due to high coal & oil costs - Govt working towards improving CAD - Will take all possible steps to ensure CAD reined in at $70 bn - Need to reduce #gold appetite - Weak demand from overseas markets has hit exports - Govt is not contemplating any capital control measures - Fundamentals of Indian economy continue to be strong

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