JOEY TRIBIANI
SENIOR MEMBER
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india is a 3rd world country .. No doubt .. ..
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Yet it is India that will become the next super power.
Super power motorbike
Since Indian so obsessed with Tibet..................
Tibet 2012 GDP - $11.5 billion USD, and Lhasa, the capital of Tibet, has a GDP per capital $7,468 USD. Over 30 years, Lhasa GDP per capital grows 30 times. I think this number hurt you guys.
Taiwan? Oh, I never count it in. It's an independent economy, none of our business. Taiwan 2012 GDP - $ 474 billion USD, while in China, 5 provinces surpassed Taiwan. In coming years, our GDP per capital will match Taiwan.
Guangdong - $935 billion
Jiangsu - $886 billion
Shandong - $819 billion
Zhejiang - $567 billion
Henan - $491 billion
WTF is >50% ????? Greater than 50 % isnt it called half and which is never bigger than 1 ???
Learn to use the signs kid
Super power motorbike
What do you call this? First time I've seen it.
What do you call this? First time I've seen it.
Indian economy likely to recover by next year: IMF
WASHINGTON: The Indian economy is expected to recover significantly by next year on account of the series of policy decisions taken by the government, a top IMF official said today.
"(India's) growth will recover significantly next year," International Monetary Fund (IMF) Director for Asia Pacific Department Anoop Singh told reporters here on the sidelines of its annual plenary meeting.
He was responding to questions on the latest projection by the World Economic Outlook of the IMF, which has projected a steep fall in the Indian growth rate to about 3.8 per cent for the current fiscal.
Finance Minister P Chidambaram yesterday said he did not share the IMF's "pessimism".
"We expect these measures to show their impact from the second half of the current fiscal and believe that the Indian economy will grow at over 5.0 per cent and perhaps closer to 5.5 per cent in 2013-14.
"I know that the World Economic Outlook report (of the IMF) does not share my optimism, but I may tell you that we do not share their pessimism," Chidambaram told a Washington think-tank on yesterday.
Singh explained that the difference between the Indian and IMF's perception is only a matter of few quarters as it wants to give India some time to see the results of the positive policy decisions taken by the Union Cabinet.
"There are always lags. There has been monitory tightening. There are shocks from external forces. So the question is how quickly India responds. We think they will take a few quarters. By next year it (growth) should be well above four and half and well above five (per cent)," he said.
Singh said the Indian government recently has taken a lot of measures.
"The main difference in our prediction, it is going to take a few quarters in our view. I hope we are wrong. The recovery comes much faster," he said.
Source(s):- Indian economy likely to recover by next year: IMF - The Economic Times
IMF World Economic Outlook (WEO) - Transitions and Tensions, October 2013 -- Table of Contents
What do you call this? First time I've seen it.
This 8.53 trillion USD economy will be over 10 triilion USD in 2013 when taking into account of Hong Kong and Macau but leaving out Taiwan, while India........?
In dollar terms, India would be lucky to maintain status quo for FY 2012-2013.