The RBI has done it again! Repo rate & CRR get adjusted once again, even as the two economists , viz. Santa Singh and P. Idli Dosa Sambaram pave a way for a great Indian slowdown.
Welcome to earth guys! Uttar Pradesh will soon be lost, Goa and other states in-line to go for polls will follow. Unfortunately this means the horizon is painted saffron!
Worst news would be the two digit growth figures that China/Korea/Asean or even a pity Bangladesh are likely to return this year...the famed FIIs (minus the mafia ofcourse) will exit the Indian markets leaving a gaping hole to suck out all the hot gas from the Real Estate and the Economy overall.
Update: UP is indeed lost, it's BSP (former BJP ally) that's swept polls. Congress, SP even BJP have one honourable democratic function in UP, to form and be part of the opposition.
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