Couldn’t agree more with the article… Just to substantiate the point further - the fact that the air-conditioning companies like Blue Star etc. are showing excellent growth numbers for the same period (look for the latest Q2 results) makes it even more imperative for the government to revise the index & remove this discrepancy as soon as possible
there are some more graphs on india's macro-picture that i have put up here. after reading this piece, it is perhaps, useful to use these gingerly... http://volcurve.blogspot.com/
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