.........So in this bleak landscape will the new Governor of the Reserve Bank be able to make a difference? Will he be able to take measures that will strengthen the Rupee and encourage investment? Will he be able to restore some of the optimism that was such a characteristic of the Indian economy for more than 20 years? The truth is that nobody knows. The truth is that times are so hard at the moment that the future looks bleak despite one of the most celebrated economists in the world taking charge at the RBI.
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