Today I was surfing news websites and I found this... Economy: The party is over
Has the mighty Jumbo stopped running or has it started jogging suddenly? This is a question that will haunt many economists in their night dreams. "India Shining" has just lost its sheen it seems.
Key snippets:
"The higher inflation has dashed all hopes of lower interest rates. Growth is also likely to be relatively lower than the previous years."
"Higher interest rates and increasing expenses would directly mean that demand for goods and services would lessen, which could put pressure on economic growth. "
"The sectors, which are already reeling under higher rates may feel the pinch. "Sectors like consumer loans, real estate and auto will feel the pinch. "
Do you feel your grey cells working.....
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Friday, 14 March 2008
Is the Party Over?
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2 comments:
Hi, i am from trading tips .Wealth in its most primal form comes from under the ground. Plants come from under the ground. Minerals come from under the ground. Water comes from under the ground. Even petrol comes from under the ground. Little wonder then that Lakshmi, the Hindu goddess of wealth, is called Patala-nivasini, she who resides in the subterranean realm. She is also addressed as Pulomi, the daughter of the Asura-king, Puloman and Bhargavi, daughter of Bhrigus, another name for Shukra, who served as guru to the Asuras. But Asuras are demons who have been shoved under the ground by the gods! What make Lakshmi the daughter of demons? Is this an ancient moral judgment against wealth?
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Hi i like your post realy i have read first time Thanks for sharing keep up the good work.
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