The recent bankruptcy of one of the premier financial house has sent a wave of shock over all over the country. It has seriously affected the western economy and the effects can clearly be visible in other parts of the world. Though crisis was continuing for the last one and half year but the result has surfaced now. The business guru were also not sure that it would affect the world economy in such a cruel manner.
But the Indian economy does not have to worried much about this crisis. In a recent interview the Finmin has assured the marketers that the Indian market is stable and it would not be affected by the downfall of the major financial houses.

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