The Rupee falling has everything to do with
misgovernance.
Look at the May stats
Export - Import = Deficit
24 b - 44 b = -20 billion
The deficit for May is -20 b and it is safe to assume that the
deficit will be >200 billion this year. Given the $319 billion federal debt,
where does India stand. MMS is an underperformer. We have to
replace.
Since Jupiter moved to the 12th in India's horoscope ( Star _ Pushya ), we are hearing bearish news. The Stock Market has come down. Gold has come down and now the Rupee is Senior ! The Ministry that it will become 70 and it is healthy, they say ! For one more year, Jupiter in the 12th, can devastate the Indian economy. God only knows how much Inflation, food inflation etc will rise.
Since Jupiter moved to the 12th in India's horoscope ( Star _ Pushya ), we are hearing bearish news. The Stock Market has come down. Gold has come down and now the Rupee is Senior ! The Ministry that it will become 70 and it is healthy, they say ! For one more year, Jupiter in the 12th, can devastate the Indian economy. God only knows how much Inflation, food inflation etc will rise.
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