Monsoon expected to be normal to excess, commodity prices trending down and likely to remain so due to the below 8% growth in China, WPI inflation below 6 percent and food inflation expected to come down with the normal monsoon and the record crops expected in all the major agricultural nations of the world, lower interest rates leading to revival of investment cycle, the BoP position improving drastically due to the lower oil and gold prices, and the recovery of US economy...all these good news will prove the prophets of gloom wrong.
Karvarnnan,
Yes i know. I was forced to see Malayali channels to see. And i was amazed to see the crowds. Does a "Hindu polarizer" as he is called by some get this kind of reception in Kerela? I honestly never thought people in Kerela will greet him in such numbers.
Communists will be sad. Ezhavas are their vote bank or so i am being told.
Too much drama for 1 visit which wasnt even an election rally.
sir in real sense even Keynes wouldnt know, other than anything he indicated that pick up in growth is no more than animal spirit in the pvt sector which @ times of boom takes so much risk that return as a whole are lot more! but not now, this sense acts on many things including interest rates, if they see thier business stabilising and demand pick up then you never know, but demand has to generate. and india in my opinion has to stop bs and just concentrate on growth. there is too much bs out there india-china, ipl, 1 this dayan, my god how are we wasting our precious time!lol