Productive spending will be a key factor

I hope year 2008 to be a good one. India is largely a big domestic market and what we are importing is capital. If there is a recession anywhere or slowdown of the global economy-for example, people are talking about the slowdown in America-only capital goods will be cheaper for us. So at the end of the day you can say that we will suffer in some export-based industries because the rupee is ...
From: in.news.yahoo.com