With Indian Economy stating that we are fearless about the position of world economy, we still run forward in the race of positive economy. In 2009, when whole world was substituted with fears of no more jobs, India made itself clear that India would never lose to problems which dominate economy.
But now there has been a significant change, though early to call that. Rupee has been hitting to new low and what not no considered Jobs for freshers upto now. And where is India running now with its economy hitting or dealing with couple of problems almost every day.
First there was a rush between gold and silver articles accompanied by Petrol and Diesel rates which were running through a narrow margin of Inflation. After hitting India almost for 45 days, there was considerable decrease or a small nap taken by both and were travelling in decreasing path. Now, with both or paired commodities setting for a small decrease and also setting back to normal rates, it would be interesting to see where they actually end up?
Now, with stop of bull run in both pair of commodities, its turn of Rupee and Stock markets to hit to new low. Although stock relies much on Rupee and other exchanges. But still there had been a considerable change which has made analysts to predict the new lows in both Rupee and Stock field.
Rupee which was trading at 44 on dollar index at the time of US recession, is now decaying its strong run for unknown reasons. With Europe in deep crisis, which has very minor or nil effect on Indian economy or rupee, its still decaying. When noticed for a week long, the Rupee was maintained at 51 and now its trading at its all time new low 53.12, which has made exchange to see a rapid decrease in initial session.
The initial session which was a low hit, was regained by some of good statements hitting the headlines as RBI has stopped increasing interest rates and also triggered the initiative of having a meeting on Inflation. Seeing the positive statements, there was a lot of investing which has seen the day's high in afternoon session and the half hearted mail proto was not standing as expected, it had seen a plunge of sustainable decrease, making the day's new low.
The session was ended up as was the day with small recovery but netting to loss of 125 points. In all this troubles, Indian Finance Minister and Prime Minister never had made an attempt to settle this issue as India and its investers are having the problem of sustainment. Let us see, if there is any stop to this as this may cause problems like Drop outs of loans and jobs loss.
But now there has been a significant change, though early to call that. Rupee has been hitting to new low and what not no considered Jobs for freshers upto now. And where is India running now with its economy hitting or dealing with couple of problems almost every day.
First there was a rush between gold and silver articles accompanied by Petrol and Diesel rates which were running through a narrow margin of Inflation. After hitting India almost for 45 days, there was considerable decrease or a small nap taken by both and were travelling in decreasing path. Now, with both or paired commodities setting for a small decrease and also setting back to normal rates, it would be interesting to see where they actually end up?
Now, with stop of bull run in both pair of commodities, its turn of Rupee and Stock markets to hit to new low. Although stock relies much on Rupee and other exchanges. But still there had been a considerable change which has made analysts to predict the new lows in both Rupee and Stock field.
Rupee which was trading at 44 on dollar index at the time of US recession, is now decaying its strong run for unknown reasons. With Europe in deep crisis, which has very minor or nil effect on Indian economy or rupee, its still decaying. When noticed for a week long, the Rupee was maintained at 51 and now its trading at its all time new low 53.12, which has made exchange to see a rapid decrease in initial session.
The initial session which was a low hit, was regained by some of good statements hitting the headlines as RBI has stopped increasing interest rates and also triggered the initiative of having a meeting on Inflation. Seeing the positive statements, there was a lot of investing which has seen the day's high in afternoon session and the half hearted mail proto was not standing as expected, it had seen a plunge of sustainable decrease, making the day's new low.
The session was ended up as was the day with small recovery but netting to loss of 125 points. In all this troubles, Indian Finance Minister and Prime Minister never had made an attempt to settle this issue as India and its investers are having the problem of sustainment. Let us see, if there is any stop to this as this may cause problems like Drop outs of loans and jobs loss.
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