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RBI chief Raghuram Rajan says not in favour of depreciating rupee: Report

India has seen hefty flows from foreign investors, who have bought shares worth USD 5.8 billion and debt worth USD 8 billion so far in 2015.

CAD likely to be 2.5-2.7% this fiscal: Ahluwalia

Planning Commission Deputy Chairman Montek Singh Ahluwalia Wednesday said the current account deficit may remain between 2.5 percent and 2.7 percent of the GDP this fiscal.