Recent content by PuneetDon

First of all, I feel that I was bit rude in my post... Now regarding the affect of the global crisis on the Indian economy, there are multiple factors which led to reduced effect but this crisis if sustained can lead to disastrous results in India too. First, the reasons for crisis not...

I think hemant, your hypothesis is quite wrong... First of all, the rural folk change their tractors because of the need.. the mobile, 2 wheelers etc are not the need of the urban folk, those are comforts.. In any crisis, what hits the most is the items whih are sold as comforts. the...

Tractors are needed even in crisis, since tractors are necessary to farmers right from ploughing land to carrying the harvest we cannot link the increase in sales of tractors to MPC. MPC is much related to human consumption than retail sales. Farmers has a tendency to change their old...

views on economic scenerio for 2009 1. More govt action on economic front - see bailouts, stimulus packages and new regulations across world economies. 2. Stabilizing of oil prices around 35-55 USD / barrel. Demand pressure is off now and will not build up so fast. 3. Slow but gradual...