In response to http://economictimes.indiatimes.com/articleshow/msid-1257742,curpg-3.cms
Undeterred by the volatility of the capital markets, the rising indexes are indicators of a booming economy. Foreign players no longer find it unsafe to park their monies in the land of elephants and snake charmers. Only that these are embellished in gold.
India has reached a position to aid US for the Katrina relief operations. As per a report, Pakistan is looking for some aid from India for their earthquake victims. Why has India suddenly become a messiah of sorts? Or is it that India is ‘Marketing’ itself well?
HSBC has big plans for India. The economy is being opened up; more and more FDI is being allowed. Perhaps India may not remain the poor cousin of China in the years to follow.
No comments:
Post a Comment