Indian Economy-News & Updates

[Sergi]

Umm... we are not the ones about to get downgraded to "junk" status.

This is not about us either:

BBC News - Is the India growth story over?

Hello imaginary creature
Yes you aren't get downgraded to any status do you know why ???
You don't have any status in your own nation you are just a resource. Expendable too much to be proud of.
Go ask the permission from POTIEL (polite ) beuro for your status request
Plz read above complete post. Do you want a similar article on China by same source ??? I hope not

 

[Chinese-Dragon]

Hello imaginary creature
Yes you aren't get downgraded to any status do you know why ???
You don't have any status in your own nation you are just a resource. Expendable too much to be proud of.
Go ask the permission from POTIEL (polite ) beuro for your status request
Plz read above complete post. Do you want a similar article on China by same source ??? I hope not

That is a lot of forced smiles.

Here is the bottom line though:

- India has been downgraded by both S&P as well as Fitch, with warnings of further downgrades to come
- India's GDP growth has fallen to 5.3%
- The Indian Rupee is collapsing, and just hit several all-time lows in the past few days
- Investment into India is shrinking enormously
- India has the highest fiscal/budget/trade deficit in all the BRIC countries

- Jim O'Neill, the economist who invented the idea of BRIC, said that: "India is the most disappointing of all".
- Fareed Zakira, the most famous Indian-American (editor of Newsweek) said that "India should be replaced with Indonesia in BRIC".

None of these are Chinese sources. There is no conspiracy here, India is being downgraded to junk status by Western credit ratings agencies, not Chinese ones.

 

[KRAIT]

You are true ambassador of China....COPY & PASTE....All your posts are lines that you have already used.....

 

[Chinese-Dragon]

^^^ Don't worry buddy, the Chinese credit ratings agencies are still holding India at "Investment-grade" with a stable outlook.

Oh wait... our Credit ratings agencies are just CPC propaganda. Hmm.

We'd better go back to S&P and Fitch then! They are much less biased, and more objective, right?

 

[laman12345]

India Monsoon delayed and turned weak, hyperinflation coming

Jun 23, 2012

No rainfall for at least another 48 hours: because currents have lost steam after entering UP.

The rains have been 26 percent below average so far since the beginning of the season, delaying sowing of summer-sown crops like paddy, sugar cane, soybean and cotton in central and southern India.

"There is still time to cover it up, but further delay may lead to a drought-like situation. The next two weeks are very crucial."

Rains are 'life' for about 55 percent of India's agricultural land which does not have irrigation.

No rainfall for at least another 48 hours - Hindustan Times

inflation will be getting worse

 

[Sergi]

That is a lot of forced smiles.

Here is the bottom line though:

- India has been downgraded by both S&P as well as Fitch, with warnings of further downgrades to come
- India's GDP growth has fallen to 5.3%
- The Indian Rupee is collapsing, and just hit several all-time lows in the past few days
- Investment into India is shrinking enormously
- India has the highest fiscal/budget/trade deficit in all the BRIC countries

- Jim O'Neill, the economist who invented the idea of BRIC, said that: "India is the most disappointing of all".
- Fareed Zakira, the most famous Indian-American (editor of Newsweek) said that "India should be replaced with Indonesia in BRIC".

None of these are Chinese sources. There is no conspiracy here, India is being downgraded to junk status by Western credit ratings agencies, not Chinese ones.

You are absolutely right on LAST line. Chinese can't rate anyone or anything to JUNK status ( it's this smile look nice )
I already explain why.
Ok you seems serious enough so I stop kkacer reply to you.
1. Is India only country to be gowngraded ??? Need some clues here
2. 5.3 ??? Back up your claim or its just your wish
3. Wow collapsing ??? 10/12% devaluation is collaps is new for me.
4. Investments shrink ??? Get life. Even China is investing in India. Investments reduce volume due to slow down. Investors didn't pull out funds from India to put in anywhere
5. Ok agree with fiscal budget it will improve and disappoint you
6. Anybody in bricks have problem with India can kick out India or get the hell out of bricks. China cant do both.
7. Are you sure Fareed Zakira is Indian ,??? :ad

 

[Chinese-Dragon]

5.3 ??? Back up your claim or its just your wish

Wow, you really don't follow the news do you?

Financial Times - India's GDP growth falls to 5.3%

3. Wow collapsing ??? 10/12% devaluation is collaps is new for me.

Rupee plunges to lifetime low of 57.37, may even breach 58 soon - The Times of India

Rupee collapse, fiscal deficit threatening to be next big problem - Economic Times

-------------------------

And another one:

Indian economy is in stagflation: Moody's - The Hindu

 

[laman12345]

Rupee plunges over 30% in one year . 57.15 now. 43.87 last year

43.87/13.15 = over 30%

 

[angeldemon_007]

RBI governor to make major announcement on Monday: FM

UPDATE 2-IKEA to enter India, invest 1.5 bln euros in stores | Reuters

India Speculates on Next Finance Minister - WSJ.com


US to enhance partnership with India's smaller cities: Geoffrey Pyatt - The Economic Times

Haryana to host World Economic Forum-India summit


India's slowing growth not a worry in the long run | CanadianBusiness.com

For investments, India still a hot destination: JP Morgan - CNBC-TV18 -

---------------------------------------------------------------------------------------------------

China factories in eighth month of contraction: PMI | Reuters

China's economy will bottom out this year: Experts - National Headlines | Examiner.com

China's slowing deepens gloomy economic outlook‎

http://www.theaustralian.com.au/bus...economic-outlook/story-e6frg926-1226404824216

Shunning the Plastic: China's Middle Class Credit Card Conundrum - China Real Time Report - WSJ

 

[Sergi]

Wow, you really don't follow the news do you?

Financial Times - India's GDP growth falls to 5.3%



Rupee plunges to lifetime low of 57.37, may even breach 58 soon - The Times of India

Rupee collapse, fiscal deficit threatening to be next big problem - Economic Times

-------------------------

And another one:

Indian economy is in stagflation: Moody's - The Hindu

1. Since when Quartely growth rate become Anual GDP rate ???
2. You are comparing best with worst rate. Average currency exchange rate wrt $ is 48/52 Rs/$
So consider 50Rs average. Evenif it goes to 58. It will be 16%. Simple calculation isn't it ???
3. Collapse is something you need to check defination decreasing exchange rate will create problem if unchecked and give you .... you know. But it won't be like that. Anyways - national economy is measure on FY and not on 3/4 month results. So I suggest you should Waite
4. No body is denying inflation. Every economy has inflations. Like china isn't having any inflation even when all media is state sponsored
5. You will not like the results after 3 Quarter. Indian annual growth will come down no doubt. But it will be positive and above minimum 6%

 

[SinoChallenger]

India Monsoon delayed and turned weak, hyperinflation coming

Jun 23, 2012

No rainfall for at least another 48 hours: because currents have lost steam after entering UP.

The rains have been 26 percent below average so far since the beginning of the season, delaying sowing of summer-sown crops like paddy, sugar cane, soybean and cotton in central and southern India.

"There is still time to cover it up, but further delay may lead to a drought-like situation. The next two weeks are very crucial."

Rains are 'life' for about 55 percent of India's agricultural land which does not have irrigation.

No rainfall for at least another 48 hours - Hindustan Times

So far in the history of the world, no atomic weapon country has suffered hyperinflation. What will happen when india hyperinflates? Will different generals in the indian army (one siding with Congress, the other siding with BJP) fight a civil war with india's atomic weapons?

 

[Sergi]

So far in the history of the world, no atomic weapon country has suffered hyperinflation. What will happen when india hyperinflates? Will different generals in the indian army (one siding with Congress, the other siding with BJP) fight a civil war with india's atomic weapons?

Sinnoooo Chanlleged welcome
Did you not recognise Pakistan as Atomic weapon country ??? Or you are just unable to count inflation in Pakistan ??? Oh Pak friends gona be angry with you

Did PLA army slide with Mr. BO in the crisis ??? Why only wet dreams about India only
Civil war in India ??? Wake up and stop using whatever high quality material you are using for your pleasure. I hope it's illegal in China
W

 

[5link]

Just ignore their postings. They are obviously looking for confrontations. Ugh

 

[Zeeshan360]

How come Sino Challenger is allowed to post **** in each and every thread

 

[Sergi]

How come Sino Challenger is allowed to post **** in each and every thread

Everybody is allowed to do that untill they get Banned. But not everybody do it cuz you need high trolling Index IQ. Guess who has it ???