Interest rates & economic growth / asset prices are inversely proprtional- just like the effect of gravity on all things- not tangile but it is there -the higher the interest rates the lower the EG & A P.ignore this fundamental law at your own economic peril. now interest rates have started to go down in India. so slowly but surely EG & AP will increase!!!

Dubba rao -II the central bank governor is again to be blamed for the luke warm to negative performance of indian economy. i am B.E.(distinction) from NIT, MBA -I di v, an illeterate person basically compared to the RBI governor. but illeterate guys like me can understand that maximum amount of sale in India & any country for that matter happen now through finance-houses,cars,consumer durables...... And D.R. completely ignores this fact. as soon as interest rates are made realistic & lowered in India, our economy will take off like a rocket. but till then we are at the mercy of D.R........

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.