Indian Economy in the year 2009

Why is there so much uncertainty in the financial market these days? Apart from the usual reasons, could it be that the fiery Saturn in Leo is the reason behind the worldwide financial meltdown?

The Sun is the ruler of Leo, and, when both Saturn and the Sun are in Leo, there is always some kind of uncertainty in the market. This is considered to be one of the many unfavourable planetary alignments in Astrology. This clash between the two planets causes financial problems.

The impact of the global financial crisis has been felt throughout the world but the Indian economy fares much better than the US. The financial meltdown that US nearly experienced is not likely to be seen in India. The last few months of the year 2008 will be a rough ride for investors due to the position of the planets Saturn and the Sun. Saturn in Leo and the Sun in Libra make this period unstable financially. The Sensex saw a sharp fall from its 20,000 mark in January 2008 to its 10,000 mark in October. This collapse in stock prices was felt due to the pullout by foreign institutional investors who retrenched their assets to cover up their losses at home. Astrologically, all the problems that the Indian economy has been facing have been due to the influence of the Sun and Saturn combination. The influence of this planetary position is likely to be felt for a few more months.

This global financial crisis felt everywhere has certainly affected the Markets in India too. Right now, inflation is at its peak. Serious efforts to decelerate inflation are being made by the government. The first rate cut will probably be seen at the beginning of 2009. Inflation will surely come down next year but the process will be a gradual one. India’s gross domestic product (GDP) growth is likely to come down a bit next year. However, this situation is likely to improve from February 2009 onwards and the Indian economy will rise by the middle of year 2009. The Rupee will be slightly stronger compared to the current fiscal year. It would not be wrong to say that the worst for the Indian economy would be over by next year, especially by the June-July. Investors who are worried about incurring losses will have a lot to feel better about next year due to the positive influence of the planets Mars, Mercury and the Sun. The financial situation is likely to improve a lot after March due to Mars and the Sun, both being in Scorpio and Mercury in Sagittarius. Mars is the ruler of Scorpio and when a planet sits in its own house, good times may be expected on all fronts.