The capital and currency market have been globally changing from past few months, and also the rupee value is not stable. The repeated depreciation in the rupee value is due to current account deficit and the foreign investors are selling heavily in Indian Bond Markets. Industrial Growth and the negative export is one of the reason for currency uncertainty. The subsidy of the nation will effectively increase because the Central Government has passed the Food security bill. For the populist measures lok shabha elections will going to be held in 2014. Overall financial status of our country is not so good right now. Over the mid-term we may see few changes. Importing of fuels would hurt the economy as such. bit.ly/1fWkYu5
Posted on: Tue, 08 Oct 2013 07:16:17 +0000
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