No festive boost for the Indian economy as of now

The Indian economy that has been facing slowdown amid the global economic downturn was hoped to paused or even completely changed to a growing economy as the festive season in India was approaching. The markets were in hopes that this festive season will bring new hope among the markets and hopefully cheer up the slowing dull economy.

As the festive season is here and it has already started, there is no sign of the economic slowdown ....