'India would be impacted by newer regulations'
The Reserve Bank Governor, D Subbarao, on Tuesday, said emerging economies like India would be impacted by newer regulations being discussed globally.
Protectionism around the globe, including the US, which is in election mode, is expected to grow as the world deals with the slowdown, but India needs to react only when legislation are converted into actual statute, commerce secretary Rahul Khullar said while releasing a Assocham report on doubling exports.