We find that Transit Jupiter in the 6th in India's national horoscope is creating havoc !
Short term capital tax at 15%, 60000 cr farmer's loans written off ( this can only increase the 156 billion dollar debt ) and here we are -- the Sensex down by 400 odd points !
The budget, as expected, was populist. Understandably, as elections are round the corner.
Let us congratulate the FM. He had done a wonderful job of populising ! Most of the sectors are down.
It will need a Herculean effort, if India has to become the 3rd power by 2020, as per Goldman Sachs estimates !
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