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Simple mistake or Larger Consipiracy?

11 December 2011 555 views No Comment

There might be a reason why Indian rupee is weakening against the dollar.

Read what three analysts in Kotak Securities found out, which was reported by FirstPost.

Scam 2.0: How $40 bn of exports and FII flows may be fiction

And then, read the cover-up that the Government Export Data was erroneous.  So, how much believable are the statistics that Government releases at weekly, monthly, quarterly and annual intervals?  Is the inflation number reliable?  What about the GDP and IIP numbers to which the stock markets give prime importance?

Bad data? Why $9.4 bn export reporting ‘mistake’ is a scandal

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