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    <title>Issue of Quantitative Easing in USA, China and Japan has no Relevance at all To the Situation in India; Inflation Showing Downward Trend While Foreign Inflows Are Copious; No Need for any kind of Nervousness; Oil Subsidy Bill for this year not to Exceed Rs. 80,000 Crore: FM</title>
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    <description>Quantitative easing abroad is not material to India&#039;s macroeconomic condition; domestic indicators show falling inflation and copious foreign capital inflows supporting market stability. The Finance Minister reports budgetary provisioning and transfers to meet petroleum subsidy requirements and expects the oil subsidy burden for the year to be contained within available resources, with no additional claims anticipated beyond planned transfers and upstream contributions.</description>
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      <description>Quantitative easing abroad is not material to India&#039;s macroeconomic condition; domestic indicators show falling inflation and copious foreign capital inflows supporting market stability. The Finance Minister reports budgetary provisioning and transfers to meet petroleum subsidy requirements and expects the oil subsidy burden for the year to be contained within available resources, with no additional claims anticipated beyond planned transfers and upstream contributions.</description>
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