A day of DEALS
It is hard for boledil not to notice the big deals, Aditya Birla Group acquiring US based Novelis Inc, Vodafone Plc taking over Hutchison stake in Hutchison Essar, Suzlon Energy Ltd bidding for German Repower System AG. I think boledil is left to deal with the climate.
Saturday and Sunday say quite a bit of rainfall and hailstorms in most parts of NCR (National Capital Territory of Delhi). Some said this was the repetition of climatic conditions that prevailed in 1987 (yet to be confirmed). But, it is hard not to miss the realities, these climatic conditions will bring, most notable price rise (economically termed inflation). Hail Strom in and around Delhi is OK but most part of northern India experiencing cold weather means, standing crops are devastated and nobody as of yet, has to reported it .
What does this mean! Very simply the inflation which has already reached a two year record high may still go higher up. So this summer, brace for record prices of consumables. (Can Wal-Mart be the answer?)