A little bit of a turnaround in secular opinions regarding india, probably showing a little more attention to detail is always good to find ou thte depth of your convictions Pretty Tedious and objectionable as a way of verifying. I still believe India and china are going to be back soone rthan the others, and it does not have to mean the entire FY13 is wiped clean. I doubt if the US will enter  a recession as per Jim Walker because there are no real linkages any more between the US and Europe, to cause that damage. EXcept the use of credit per force by US consumers, which is anti thetic per se to the situation in Europe

Joseph Stiglitz hit the nail on the head when he praised the Food Security Act. Well done India. More importantly Well done to RBI for not bothering to keel over to interventionist stances for the heck of it. We have to make do ith less, China can last afew secular debits on its FX reserves maybe ( unliely, China will let it go down when it gives it so much strength and strategic meaning in a war for a global currency hegemony)

Posted via email from The India Investment Post