Indian economy today makes a gloomy picture, and is unlikely to witness a quick turnaround in the coming days and the economic growth is not robust or gives a feel of positivity.
The negative factors are overtaking the economic situation with inflation is expected to rise further after the recent price hike in diesel, electricity, coal prices. With the fuel prices already touching sky high in India, the common man finds it even difficult to keep his kitchen fires burning with the increase in the price of domestic gas cylinders. The weak auto sales has already impacted the market ,as people prefer to spend money on day to day living, rather than buy cars when the prices of the fuel are rising every passing day.
With the failure of monsoons all over India, the prices of the grains and other [...]