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!!
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