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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