BNP Paribas cuts India's GDP forecast sharply to 3.7 per cent

[klub]

Hey guys I googled and found this BNP! Small time EU bank.

Investors & Shareholders | Bank BNP Paribas

 

[sardar1987]

Hey guys I googled and found this BNP! Small time EU bank.

Investors & Shareholders | Bank BNP Paribas

dosen't matter.......its not a propaganda,we are really in doldrums right now........expect things to improve a little in 2-3 years

 

[Jade]

Hey guys I googled and found this BNP! Small time EU bank.

Investors & Shareholders | Bank BNP Paribas

BNP Paribas may not be a bulge bracket bank, but neither is a small bank. It is categorized as major regional bank with almost $2 trillion of assets under its control.

 

[cirr]

Before India becomes a country able to make butt crankshaft as large as the following：

it will remain a third world backdrop even if it manages to grow 8% annually for decades。

 

[sardar1987]

Please return to topic, rape time has expired

Now seriously, BNP Paribus is no small fry. I can only hope that no other brokerage firms or banks will follow suit, but that seems unlikely.

As I've said several times before, India needs to call early elections.

I KNEW IT WAS BOUND TO HAPPEN
PLS READ
Sardar Speaks: REASONS FOR THE GLOOM................a layman's perspective

 

[Chinese-Dragon]

Hey guys I googled and found this BNP! Small time EU bank.

Investors & Shareholders | Bank BNP Paribas

Are you taking the p*ss? Or being sarcastic?

BNP Paribas is the 4th largest bank in the world by assets.

As far as banks go, it does not get much bigger than BNP Paribas.

 

[Alienware]

And I am sitting and watching your 10% economy become 6% in the next fiscal. Oh, sorry it just touched 7.3% and down.

China growth can sink closer to 6% on waning job needs - Livemint

And recent forecasts are expecting Indian GDP growth for the 2014 fiscal year as 3.7%, down from ~5%. Last time I checked 6% was a larger number than 3.5%. Also, 6% of a 8 trillion economy is substantially more than 3.7% of a 1.8 trillion economy.

Lets face it, by 2018 the IMF expects Chinese GDP to top 14 trillion, while Indian GDP will still be below 3 trillion - and that was BEFORE the Rupee collapsed

 

[Abingdonboy]

As always different orginsations/groups giving out different figures based on different indicators and different vested interests and motives. The GoI says one figure, BNP says another, X says yet another etc etc


The IMF projects anywhere from 6%+ for FY2014-15 and ~5.5% for the current fiscal.


Last week Credit Suisse forecast 6% for this fiscal and 6-7% for FY2014-15


HSBC projected 5.9% for this fiscal and 6.3% for FY2014-15

Etc etc
All we can do is wait and see but I wouldn't buy into one particular forecast and that too not from a bank.

 

[Echo_419]

As always different orginsations/groups giving out different figures based on different indicators and different vested interests and motives. The GoI says one figure, BNP says another, X says yet another etc etc


The IMF projects anywhere from 6%+ for FY2014-15 and ~5.5% for the current fiscal.


Last week Credit Suisse forecast 6% for this fiscal and 6-7% for FY2014-15


HSBC projected 5.9% for this fiscal and 6.3% for FY2014-15

Etc etc
All we can do is wait and see but I wouldn't buy into one particular forecast and that too not from a bank.

I think that Infra sector is gonna help the Economy till 2014 at least
the DFCs,many metro projects & Projects worth 1.83lakh crore rupees were cleared so i think they will help

 

[ziaulislam]

And I am sitting and watching your 10% economy become 6% in the next fiscal. Oh, sorry it just touched 7.3% and down.

China growth can sink closer to 6% on waning job needs - Livemint

so what even if its grows at anything above 5 its handsome for 8.3 trillion dollar econmy
in any even they will cross USA by 2018, every international expert is saying that..
by 2020 there growth will go down by 4% but again would it matter by then for a 15 trillion or more economy

 

[Screambowl]

you need to do some reading, Pakistan had seen more good times than India after the partition, its only after 1992 that you guys were able to eat 2 meals and that too for the affluent ones

we saved one meal that's why we are eating 3 meals now.