This year has been good for India financially - with some sectors like realty, construction, software, auto, banking, tourism etc - booming. Jove in the House of Prosperity is bringing in $ 700 billion as investment, with $ 180 billion going to manufacturing. Even though imports are up at $ 181 b, federal debt 155 b and deficit at 55 b, the overall atmosphere has brightened up. Jupiter in the Fifth will definitely catapult India in the financial ladder and economists are now talking about India being the third economic power by 2050, behind China and US.
One physicist has postulated that like Heat which makes the mercury in the thermometer go up, so also Cash pushes up the Sensex & Nifty levels ! So true, if we consider that the Sensex is at a record 18600 ! The Sensex is said to be the barometer of the economy. Now economists are saying that the Sensex will up still furthur as cash flow continues into India. Improved relations with the US is another factor. More and more millionaires, billionaires and trillionaires ( in rupees ) are born. Sunil Mittal of Bharti Airtel became India's fourth trillionaire in rupees !
As India upgrades technology, infrastructure, marketing and quality control, she will be a force to reckon with in the global market. Competition from China is healthy and will only bring the best from the Indians !
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