Mukesh hoists the Indian flag...

With India becoming only the 20th country in the world to scale the 20000 mark with the Sensex in terms of the stock index, there's more good news to follow. With such a fantastic economy and the Indian market continuing with the bull run, Mukesh's rise to fame seems like the icing on the cake. Mukesh recently became the world's fourth richest man when his total net worth crossed $20bn. Today on the 29th Oct, we have the world's richest man from India with a total net worth from Reliance Industries being $63.2bn. Definitely a proud moment in Indian economy. Mukesh has surpassed MS chairman Bill Gates, Mexican business tycoon Carlos Slim Helu and the investment guru Warren Buffet in terms of holdings. Hail India!!!!!!!!!!!!

Indian economy

The indian economy continues to boom with the rupee continuing to score against the dollar and expected to go upto 35 vis a vis the dollar next year. With the inflation rate falling to sub 4% and the sensex at a stable 19K plus, India is surely on it's way to emerging as one of the developed nations in the world. What remains to be seen is whether this stability can be sustained in the long run. With revenues continuing to pour in from service industries in India such as IT, BPO/ KPO and ITes, this is turning out to be one of the best phases in the tenure of Independent India. The Indians definitely have a lot to cheer about. Well done Mr Manmohan Singh!!