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A burst of policy changes by Prime Minister Manmohan Singh in the past month to curb the budget deficit and counter a slowing economy  have increased prospects of interest rate cuts in coming months, making sovereign notes attractive, according to Reliance Capital Asset Management Ltd. and Quantum Asset Management Co.

Photographer: Pankaj Nangia/Bloomberg

A burst of policy changes by Prime Minister Manmohan Singh in the past month to curb the budget deficit and counter a slowing economy have increased prospects of interest rate cuts in coming months, making sovereign notes attractive, according to Reliance Capital Asset Management Ltd. and Quantum Asset Management Co.
October 18, 2012
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