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Monday, August 19, 2013

LIKELY-un-LIKELY

FUTURE is always in dark as invisible and under the hand of future only, human habit is to predict in a various way. sometimes it become worrisome as my feelings now and will be happy if time will tell its just a nightmare.

The effort of RBI/Govt gone in vain and  stays towards directed by the market. 

Tracking from DGCX INRUSD staying below 160 indicates to turn lower towards a projected area of 142.8 in a mid to long term (prepared on 14th July'13) means USDINR staying above 62.5 indicates towards a projected area of 70 in a mid to long term

History suggest irrespective of huge potentiality we'r a self-destructing nation as neglected real heroes and inventors. as an example this is the land
where '0' was invented.

The prosperity in recent past has also come holding the hand of science and technology as software which isn't that much empowered by our authorities. Now even can find positivity in this negative scenario which in turn may boost us with a dramatic change towards tremendous growth. optimism hasn't end here rather may ripe for a systematic change. 

Trying to curb GOLD import may not help us that much rather may 've negative impact in future as for its unparallel value. I think, stop of importing unnecessary items which is going on to make others happy and building manufacturing units of electronics and hardware and compete for export and more emphasis on renewable energy can be one way.

Now we really need of real leaders with foresight who will guide us for a new era.
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** this is personal opinion and for inside information for academic interest.