India Economy & Markets: Down, Down, Down
Tuesday, March 03, 2009
The Congress led government has done it..they have managed to bring us back to the "insulting" Hindu rate of growth:
GDP may go to 3%: Morgan Stanley
...and the Government is out of fiscal room to alleviate the situation:
How serious is the fiscal situation?
...and it will take quite some time for the economy to recover:
India economy to take a year to recover- Moody's
...and as I forecast in a previous post..the Rupee will get pummeled:
Rupee to drop to 56/dlr- Barclay's
No hurry, No worry: just take your time..forget the market and pick companies...
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