You got to be kidding right ? If you want to talk about nepotism then just look at the republican dynasty in your country. Where the current head of the ruling party is the wife of the grandson of the first prime minister and wants to pass the torch on to her son the great grandson of the first...
First of all do you really believe that inflation is only at 2% ? If you look at your grocery bills and compare them from last years is the rise in prices only 2% ? Or even when you fill up your car. But the biggest inflation are in the asset prices like houses, bonds and stocks ie its all one...
What you say is technically true however in order for India to flatten the yield curve the central bank has to print money to buy government bonds and that will further depreciate the value of the Rupee. And its also means that the Indian government is taking more resources away from the rest of...
What i meant to say was that its the same policy as in the US, UK, Japan, Eurozone and Zimbabwe. And the result will be the same high inflation, plunging currency and bulging debt. If this policy is implemented this will be India's downfall. Rather or not India will become as bad as Zimbabwe...
India's central bank the RBI from 23 august onward is going to start purchasing long term government bonds in order to suppress interest rate on government borrowing. This is the same policy as in the US, UK, Japan, Eurozone and Zimbabwe. This will further weaken the rupee and raise in flation...
The Indian members here seems to blame all the economic problems on the current Congress government and have pin all their hopes on next years elections. And in particulier the BJP and Modi. Now i know that Modi has some real achievements in Gujarat, but he is also a very controversial figure...
India on the brink of its own financial crisis
In a reprise of the 1997-98 Asian crisis, India's stock market is plunging, bond yields are nudging 10% and capital is flooding out of the country
India's financial woes are rapidly approaching the critical stage. The rupee has depreciated by...
This is actually a good thing this means that the excessive credit expantion in the Chinese economy is now on the decline. It will lead to slower growth and more bankruptcies and higher unemployment in the short term but China will get more stability in the long run.
PS the INR is now at...
If a currency represent a nations stock then India's stock is going down. India will face a ASEAN like crisis soon. As the currency falls the current account deficit grows and as the current account deficit grows the currency will fall as more investors pull their money out of India to find...
China never wanted to make Russia a poodle state like Canada. If you are referring to that article in the other thread. That was written by a American for Voice of America CIA backed propaganda station. The article is a ruse meant to sow discourse between China and Russia. But unfortunately some...
This is what i have been saying about India for sometime here. The hot money inflows that in the past has helped India to fund its persistent and growing current account deficits is now leaving the country. And the raft of measures introduced by the RBI and the Indian government in recent times...
All government data is unreliable not only those of China. if you believe that in India the inflation is just 4,8% then you got another thing coming.
PS aren't you the guy that said that India was going to have a manufacturing boom ?
Well what do you have to say about this ...
What are you ranting about ? 7 trillion $ ? China's GDP in 2012 is 8227 billion and India 1842 billion $ that's a diffenrence of 4,46. So China's GDP is now almost 4,5 times larger than that of India's. And air pollution is cutting life expectancy in India too.
Air pollution kills over two...
India with a economy less than 1/4 the size of that of China's is not much better.
India’s Air Pollution: Is It Worse than China’s? | TIME.com
Examining Coal Plant Standards in China and India | The Energy Collective
Then India should allow Kashmir and all other parts of the country that wants independence go. :coffee:
These sorts of changes in culture and religion happen throughout history there is nothing new happening here.
China's current territory is inherited from the Qing empire (1644 - 1911). In fact 1/3 of China's territory was lost during the 19th century. And would the Indians here stop obsessing about the Han we are just one of many people's living in China. If Indians want to suggest that China shouldn't...