Sovereign PSU bonds, NRI funds to bridge deficit: FM

Exhorting India Inc to “rediscover optimism” and reminding industry that the price of credit is “not so dauntingly high” for it to hold back investments, finance minister P Chidambaram on Wednesday listed a slew of measures he was planning to take soon to address his immediate and pressing concerns — the volatility in the exchange rate of the rupee and the high current account deficit (CAD).

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