Cheaper oil, coal, gold can reignite the investment, if Gol sends the right signals to foreign capital. The softening of commodity prices offers relief on three counts. One, inflation: food and energy prices are the main culprits in the persistent rise in wholesale prices.
Two, the fiscal deficit, third lower commodity prices bring down CAD directly as well. The World Economic Outlook expects commodity prices to fall 2% in 2013 and even more in 2014.
India is poised for a giant leap in its growth rates due to higher power generation capacity, rural broadband connectivity, better political economy and e -banking.
Two, the fiscal deficit, third lower commodity prices bring down CAD directly as well. The World Economic Outlook expects commodity prices to fall 2% in 2013 and even more in 2014.
India is poised for a giant leap in its growth rates due to higher power generation capacity, rural broadband connectivity, better political economy and e -banking.
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