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Govt announces 5 steps to curb rupee depreciation, widening current account deficit; PM Narendra Modi reviews economy
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Govt announces 5 steps to curb rupee depreciation, widening current account deficit; PM Narendra Modi reviews economy

The government on Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for FPIs, and curbs on non-essential imports, to contain the widening CAD and check the rupee fall.