Saturday, August 02, 2008

Economic Slowdown in India !




India is reeling under rising inflation, rising deficit and global crisis

The April-June figures are 73 billion imports vs 42 billion exports. The deficit is 30 billion in Q1 and just imagine what the deficit will be in 2008-09. 120 Billion and federal debt $221 billion !

Inflation is 11.8% and Global cues has taken its toll of the Stock Market.

Exercise prudence and restraint while investing in the stock market. Jupiter in Sag is not good. He is in India's Lunar Sixth. Ripu Badha means that India will be subject to trouble through enemies. This adverse Jupiterian phase will be there till Dec 08.

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