At 40, I should probably be more considerate about feeling young, given how I felt about India's youngest dynamic Prime Minister about 20 years ago, but Cameron's trip to India definitely highlights that young Britain though trying to make new bridges with India thru London is a different equation and with tough domestic economic conditions, the easier migration philosophies of the UK and the US for multiplying factor productivity are in danger of being decommissioned as defence deals unravel and India searches for relevance from a different end of the equation as the budding largest Economy and UK looks at being the struggler keeping the light on regulation economics of a past era alive in the new European 'coalition' 

Jeez, that was a snapper overcooked in Indian spice, definitely. 

The morning however, is as dull as last week, despite a new Infrastructure corridor, which seems to matter more to small investors with linkages to the 'barely productive' IT and annuity economy of Bangalore with theold warhorse of Bombay not the same as the Jap funded Delhi Mumbai corridor. the bangalore and the Economy of the South in general is more about spread out factors of productivity that a re more socialist and crowdfunded social media fed than the big money Economy that links Mumbai with Delhi or the more labour Economy linkages of Bombay with the East

On Morning Report questions however, Mumbai Real Estate hopes continue to drive DLF and the rest of India's Construction Economy, and in this leg of the Nifty/Banknifty rally the entire bank, consumption and pharma portfolio too that is priced into newer levels and is looking for a little lightweight and adroiting sifting thru real value and jump to all time high levels on the indices. the Budget expectation part is mostly done except for the small trading rally in the week prior asor post as we nail down the ne fiscal deficit range and if all the improvement we have espoused and made appear indeed converts into a hard positive number. While JP Morgan has been adroitly positive onthe rally too, Adrian Mowat for one, does not believe inthe Economic Miracle of India despite the Japanese engine having taken over Asia's future and China having taken a brief break into the new chinese yeara fter a good 2 month rally and again despite profittaking, made all funds flow to Asia wait and watch till liquidity returns in inflows to Japan and India in a couple of months. 

Posted via email from The India Investment Post