Tuesday, June 19, 2012

What is our Agenda?

RBI stuns, keeps rates steady as growth crumbles
Fitch cuts India rating outlook to negative
RBI stuns, keeps rates steady as growth crumbles
Today Nifty opened with negative notes but now it is moving with slight positive trend. The news state that the India Inc. was expecting a rate cut by RBI. The inflation is now above 10 per cent. Who cares these economic developments? Now we have only one agenda before us. How to make Pranab the President of India? Let India be downgraded or let the growth crumble. We are destined to bear the burden of the inefficient administration and we only are responsible for that. Because we are giving the power. I don't expect sunny days ahead.

No comments: