02-04-2007, 09:47 PM
Naresh and Mudy
I am really not aware of any consumer indicators but inflation is going to be a killer if not kept bottled up. The figures in that article too seem somewhat low when compared to some on-the-ground experience. Housing prices have easily gone up 60-70% if not more. Same with office space. Maybe this is how it is during times of hyper-growth but this will have serious repurcussions on the social fabric of the country. I do not know how to keep the cake and eat it too.. <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/sad.gif' border='0' style='vertical-align:middle' alt='sad.gif' /><!--endemo-->
I am really not aware of any consumer indicators but inflation is going to be a killer if not kept bottled up. The figures in that article too seem somewhat low when compared to some on-the-ground experience. Housing prices have easily gone up 60-70% if not more. Same with office space. Maybe this is how it is during times of hyper-growth but this will have serious repurcussions on the social fabric of the country. I do not know how to keep the cake and eat it too.. <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/sad.gif' border='0' style='vertical-align:middle' alt='sad.gif' /><!--endemo-->