Investment Updates |
|
|
|
Investment Tracker - January 2012
|
| |
Dear Policyholder,
The year 2011 has been a difficult year for the global economy and global markets alike. India has not been spared either with growth slowing down and risks to the Indian growth story becoming the centre of attention.However, as we move into the year 2012, things should start to look better ahead. Inflation looks like it is cooling down finally, with the latest data showing food inflation slowing down to 1.8% yoy. A sustained decline in general inflation to 7% or below levels by March-April 2012 is likely to have two important positive effects a) it will allow RBI adequate headroom to announce reversal of the rate tightening cycle and b) it will make the environment more conducive for Diesel price deregulation. |
| |
|
|
|
