HomeNewsTrendsExpert ColumnsPranab to market: here's the good news

Pranab to market: here's the good news

But things are not hunky-dory. While the market-friendly budget provides some amount of relief to investors, global events such as oil price spikes, loss of risk appetite, rising interest rates and cost inflation may up-end sentiments.

Arjun Parthasarathy

The headlines are bullish. On the topline, GDP growth for 2011-12 is projected to be higher at 9% against the 8.6% registered in 2010-11. Inflation expected to come down (from average levels of 9% plus in 2010-11) on the back of the RBI

first published: Feb 28, 2011 03:47 pm

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Pranab to market: here's the good news

But things are not hunky-dory. While the market-friendly budget provides some amount of relief to investors, global events such as oil price spikes, loss of risk appetite, rising interest rates and cost inflation may up-end sentiments.

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