Monday, December 03, 2007

Jove in the Sixth and India decelerates !



If India is to keep her 9% GDP growth, Power sector has to grow by 12%. The growth of Power is not upto the expected standards.

The rise of the price of oil is another deterrent factor.

When we survey India's progress, India has decelerated in almost all the sectors. The expected $ 160 billion exports may not be met. Problems galore for the Indian economy.

Despite all this, capital flows to India are continuing and the Sensex is at a healty 19.6 K levels. Today the total transaction was more than 84000 crores. Trimex is investing 5 billion dollars and developing 50 million sq feet of commercial space. So is DLF with a 3 billion dollar investment. ADB is investing 3 b and Coke is investing 250 million !

The subprime crisis in the US and the rising price of Crude are disconcerting factors. Hope they will not affect the Stock Market !

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