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Moneycontrol.com >> Message Board >> View Messages >> News Now
   You are here :     Moneycontrol     MMB    Personal Finance      News Now                         Most active discussions of 2006 , 2007 & 2008
Good Weekend News (1)   10-May-08 20:42Tracked by (0)  
Posted by:   tally on ( 10-May-08 20:42 )
Southwest monsoon showers have alredy set in over Andamen & Nicobar Islands almost five days in advance. Sub Himalayan West Bengal & Sikkam are also expected to get good rain fall in next two to three days. At this rate Kerala will have the monsoons set in by end of may 08 and Mumbai by first week of June. Interpolation of various data released by many forecast agencies including IMD indicates average plus monsoon which should be extreemly good news for Indian economy. MONSOONS DIRECTLY CONTRIBUTE 4% OF INDIAN GDP & indirect contribution is also huge. Yes the stock markets will react only when RAINS HIT MUMBAI. Smart investors should lead and reap early benfits.
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