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Wednesday, April 25, 2012

Don't Panic: Reforms coming: the discredited FM, Pranab Mukherjee
Finance minister Pranab Mukherjee said there was "no need for panic" after rating agency Standard & Poor's downgraded the country's outlook from stable to negative on Wednesday.
India is likely to pass some financial reforms in the current session of Parliament, which started on Monday, he added.
"There is no need for panic," Mukherjee told reporters. "The situation may be difficult, but we will be surely able to overcome (it)."
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