Wednesday, October 9, 2013

Finally looks like CAD is set to show some improvements

Good news... Bad News  come in sinusoidal patterns.... After weeks of  bad news it is now time for some good news flowing in.  

The September trade deficit was lowest in over 2.5 years as per data released today by the Commerce Ministry, Govt of India.

With this one possibility is a lower Current Account Deficit than what was estimated (70 Billion US Dollars)

Looks like better days ahead for the economy in the months leading to Gen Elections 2014. 

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