Sensex down 250 points headed below 10,000 on inflation fear
Sonal Joshi
Apr. 8, 2008

The inflation in the economy is the worst for any stock market. India is no different. The commodity and wage hyperinflation in is creating very vulnerable fundamentals for the stock market. The Sensex is now down 250 points at 15,507.The NSE Nifty is down 77 points at 4,684.

Indian economy is poised for a major slowdown as the consumers and the Government struggle against the hyperinflation.

The potential for a catastrophe is there. The Sensex is headed for a number well below 10,000. Perhaps it is below 5,000 over the next eighteen months.

Sensex down 250 points headed below 10,000 on inflation fear
Sonal Joshi
Indian economy is poised for a major slowdown as the consumers and the Government struggle against the hyperinflation.
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India in superpower mode - announces duty-free tariff preference scheme for the world’s 50 least developed countries including 34 African countries
Kiran Chaube
India shows its financial might by taking leadership role in the developing world. India announced duty-free tariff preference scheme for the world’s 50 least developed countries including 34 African countries.
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BJP smells victory in the next election as Congress party led UPA coalition fails to control hyperinflation.
Sonia Chopra
The rising prices of basic foodstuffs are the latest sign that inflation could become the major issue for voters ahead of general elections. It is hurting the common people badly.
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Commodity and wage inflation creating hyperinflation in India – India can head towards depression if Government cannot check the inflation
Kiran Chaube
Less than prudent fiscal and economic policies of the current Congress Party led Government has created a total mess for Indian economy. On one hand the best talent of the country is busy servicing the low-end intellectual jobs of America and Europe.
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India fights inflation with import duty relief
Babu Ghanta
Hyperinflation in India is real. The prices of essential commodities have spiked, The consequent pressure on wage inflation is also very high.
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India gets ready for election as communists threaten to make Government fall if inflation is not stopped by April 15th
Sita Mahoney
The spiraling inflation that is the precursor to the hyperinflation is the result of decades of fiscal abuse by congress party and BJP. Tagging Indian economy to that of America was the worst decision. India adopted America’s borrow and spend tactics.
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Inflation in India zooms past critical six-per cent mark to a 13-month high of 6.68 per cent
Nina Shankaran
Commodity and wage inflation is rippling through the Indian economy. Spike in energy price is creating upward pressure on all sectors.
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India transfers hardworking private sector tax payers’ money to nonproductive federal (central) government employees
Staff Reporter
The tax payers in the unorganized sector who constitute more than 90% of the work force have a right to demand why the tax money collected from their hard earned income should be transferred to the Government employees, who are non-productive.
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