ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Calcutta Diary

The US treasury secretary, what ho, has just signed a deal with the Indian finance minister. The latter has underwritten full protection of American capital invested here. The augmentation of defence outlay this will call for cannot be helped and another round of downsizing of the budget, especially the development budget, will follow. That should bring loads of cheer to liberal hearts.

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