1 step forward & 2 backwards!!!

this has been the long term story of our country. just imagine in 1970's India was a bigger economy than China & how the scenario has changed! & how! at present in Indian economy there is a slow down caused by the RBI Governor with the high interest rate regime. if Duba Rao lowers the interest rates to single figures, Indian will grow by double digits. but that is wishfull thinking knowing that so called inflation & aam adami r the priority for this govt.. when there is a global catastrophe, India politicians & policy makers wake up from their stupor. a massive slow down is looking us in the face in the euro zone. maybe this will shake them awake!!! though it is very difficult to keep faith on equities, that is what has to be done. be company specific. stay invested in cos. which are growing even in this anemic economic situation. This is a good time t invest & get good returns in the next few years.