Economists may make many technical forecasts about the future recovery of the world economy, but some businessmen prefer to put their faith in divine intervention. At Commerce Minister Anand Sharma’s meeting with Confederation of India Industry (CII) members on the foreign trade policy, former CII President Sunil K Munjal had everyone laughing at an amusing anecdote about an associate in Europe, the region worst hit by recession. These days, the friend said gloomily, the light at the end of the tunnel has been switched off by god and would only be turned on when the recovery begins.
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