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.

Monday, June 09, 2008

Sensex crashes by 506 points !

We had warned in our columns that this is a recessionary phase. To prove that, the Sensex and the Nifty crashed.

With fuel and food prices going up, there is the threat of global recession. Some experts who endorse the Decoupling Theory - that India and China are insulated - are changing their opinions. Global trade is more integrated and India and China cannot be insulated.

So hold on. Astrologically Jupiter should move over from Sag, for the market to revive !