It looks after Pranab Da relinquishes the office of FM and Manmohan ji took the additional charge all seems to be changing. Is it a co incidence or a reality? No one can say correctly. But if we observe the statement and action in last few days our PM seems to be serious this time. In fact he has got a great opportunity to improve his image. He just need to come out from the shadow and act like an Economist. The way rupee has appreciated and stock market has gone up today it seems good days are ahead. Stock Market jump by 440 points and rupee appreciated by 1.20 reaching 55.62. Few MNC recently announce huge FDI to India. Govt has come out to clarify on GAAR applicability. GAAR will not be applicable retropectively and will be applied for income after 1.4 2013 . The fear of Investors needs to go thats what PM has said. The mood needs to change. Once the mood of International investor, politician and Indian Industrialist change all positive changes will happen automatically . Oil price is also decreasing globally and has touched USD82/bbl and we must take the advantage of it to keep the Trade and current account Deficit low and inflation low. Thanks to the proactive action of Oil Companies to reduce the rate quickly. It should happen in auto mode without any political influence. If Govt announce certain policy decision in the coming week ( Like FDI in retail and Diesel pricing ) it is sure that Rupee will appreciate further from here and Stock market will also go up. Let us hope for the best .
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