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Tuesday, April 14, 2015

India GDP Growth to reach 8% by 2017 as per world bank

As per world market India GDP to reach 8% by 2017. Whole credit goes to Oil price fall. Crude price will become a big factor for south Asia growth.
Such developing country wasting lot of money on crude oil import. As Price fall their savings increase and investment on infra will increase. As this investment grow , country GDP will grow.

New India Government also working hard in reducing subsidy or only logical subsidy . This also reduce government spending and money will save for infra , health and education sectors. In coming years government is going to spend lot of money in Infra ,health and education sectors. This will also lead in reduction of fiscal deficit.

All above factors add the GDP.

Monday, April 13, 2015

More room for RBI to cut rate in near future

As Food prices drive March CPI lower to 5.17% vs 5.37% in Feb , there is more rate cut room for RBI in coming month.  People are expecting 25 basis point cut next month.  Bank will also follow this time to cut rate. Expert are expecting 75 basis point cut by 2016.

This will lead to great news in consumer and industry profits and India GDP.  There are good future prospect for secondary market to grow and Nifty 10000 is not a dream in that case.

Long term investors should keep buying without any care of long term and short term hurdles.