Saturday, January 1, 2011

Pre-year resolutions

An end of a pervasive year in terms of resolution. The indian business saw dynamism in terms of brand building and macro-economics conditions. A year where the nation's private equity firms have finally woke up after hibernation with lot of activities in the QIP,IPO and FPO genre. The Immortal PSUs finally moved for disinvestment in a hope that the exchequer can offload some of its deficit burden some of which is done successfully. CWG was jittery but not bittery at the end but CAG reports has unearthed bittery scams and frauds from ministry to corporate to even employee level not forgetting the aakhri salaam by the city bank employee.
Rainfall was too good to handle so even though inflation dropped to 7.67%, onion and chilli became dearer to net off urban poor though making the future market shine.
But overall, the economy and the stock market both could overcome the slowdown and could see a rally in the third quarter (offcourse there was correction too) and not only remained creators but also purveyors of job for contry's like USA.
With jerks and jumps, the year has passed hoping for a better new year in terms of business variables of the nation and its macro and socio economics. 

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