Government Allays Concerns Over China-Triggered Fall
The Government has moved fast to allay fears of a global meltdown driven by the turmoil in China. Finance Secretary - Rajiv Mehrishi says that the slowdown in China will have an impact on the Indian economy, but India's fundamentals are strong enough to weather the storm. Speaking exclusively to ET NOW, Mehrishi also said that the current regulatory system around P-Notes doesn't need much change and that there was no need for foreign investors to panic. Listen in to the man himself.