Wednesday, October 31, 2007

Thrust on Infrastructure

The Mundra Port IPO is expected to do well. The problem with India was that she neglected infrastructure, farm and human resources.

Now Indians are realising this fact and there is thrust on infra.

Agriculture was neglected. If India, who has the largest arable fertile land in the world, had developed farm and if she had found out the market to market it, and if she had developed human resources fully, she would have been a world class economic power !

Now Nifty is at 5900 and Sensex at 19800 levels ! Huge capital flows are coming into India and the FM has started to regulate these inflows, with the health of the economy in mind.

In the heavens, Jupiter, the financial planet, is moving over to Sagittarius, signalling problems. ( With crude reaching $95, a major problem is in the offing )!

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