Disclaimer - On stock markets, my views may not be used to make investment decisions. I may or may not hold positions in the market. My views on Economics often contradict the stand of mainstream economists.
Friday, June 12, 2009
IIP positive - First sign of recovery?
The IIP for April 2009 have come out positive. At 1.4% growth, "experts" have been remarkably quick to say that this is a sign that the slowdown period in the Indian Economy is over. Is it so? Watch this space for a detailed analysis soon.
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