For the week closing on 7 june,inflation numbers released.
it's 11.05%,CNBC's estimate was near 9.9.
For weeks to come it may go to 11.5 % and more.
With election looming next year, govt shall make RBI rise repo rate, and repo rate may go to 8.75 to 9 % by december.
This shall result in adverse effect on realty,banking,automobile and allied sectors.
GDP growth might be reduced to 7.5 % and even lower.
people who use to say -"indian growth story is intact" ,shall be seeking sheters and leeways.
If crude shall keep surging,possibility of retracing to 10,000 levels cant be ruled out.
it's 11.05%,CNBC's estimate was near 9.9.
For weeks to come it may go to 11.5 % and more.
With election looming next year, govt shall make RBI rise repo rate, and repo rate may go to 8.75 to 9 % by december.
This shall result in adverse effect on realty,banking,automobile and allied sectors.
GDP growth might be reduced to 7.5 % and even lower.
people who use to say -"indian growth story is intact" ,shall be seeking sheters and leeways.
If crude shall keep surging,possibility of retracing to 10,000 levels cant be ruled out.