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Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for India

As reported by Markets-Economic Times
India's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. The Rupee is expected to weaken further. Additional fuel price hikes may be necessary. Measures are being taken to stabilize capital flows. The Reserve Bank of India's dividend offers some support.
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