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Unique Identity No2

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Zia clarifies his timing of declaration of independence

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Jyothi Basu Is Dead

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Jyoti Basu's Address on the Lok Sabha Elections 2009

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Dr.BR Ambedkar

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Memories of Another day
While my Parents Pulin Babu and basanti Devi were living

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Partition

Partition of India - refugees displaced by the partition

Friday, January 6, 2012

ECONOMY Development Dominoes How a handful moved for (or against) their pet projects PRAGYA SINGH

ECONOMY
Development Dominoes
How a handful moved for (or against) their pet projects


Economy Predictions

Inflation forecasts for 2012

"Inflation will be around 7-7.3% by March 31. Beyond that we tentatively expect inflation to ease to 6-6.5% by December-end." —Abheek Barua, HDFC Bank "Definitely inflation will head down for the first time in two years to below 7% by March-end. During 2012-13, inflation should average 7%." —D.K. Joshi, CRISIL

"Generalised inflation could dip below 7% but March seems too early for it to happen due to factors like impact of crude oil and high interest rates." —Sanjay Kaul, NCMS "Inflation for the year-end is expected to be 7.2%, while the average for 2012-13 could be 6.7%, although the Rupee might pose some further risk." —N.R. Bhanumurthy, D-School

Outlook also spoke to a cross-section of experts to come up with other forecasts for 2012...

  • Sensex: Between 12000 and 17000 on the Sensex
  • Real Estate: Stable with 10-15% drops in certain pockets
  • GDP growth: 6.6% to 7%
  • Interest rates: Repo cuts of 125-150 basis points the next year
  • Gold: Rs 25,000-Rs 30,000/10 gm.

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