I feel sad about Indian economy: Narayana Murthy

[Chinese-Dragon]

The latest news on Indian economy

India to grow 6.9 percent in 2012-13: World Bank

"The Indian economy will grow by 6.9 percent in this financial year (2012-13) notwithstanding problems like policy uncertainties, fiscal deficit and inflation, the World Bank projected today, while cautioning that developing nations will have to face tougher times.

“India will see growth (measured at factor cost) increasing to 6.9, 7.2 and 7.4 percent in fiscal years 2012-13, 2013-14 and 2014-15, respectively,” the World Bank said in the report titled Global Economic Prospects."


India to grow 6.9 percent in 2012-13: World Bank | Firstpost


And world bank is not Indian

^^^ Here is a World Bank prediction from last year, and the thread about it:

http://www.defence.pk/forums/world-affairs/77664-india-outpace-china-2011-wb.html

How did it turn out?

Indians are always living on "predictions", but they always fail to live up to them. They never live on actual present data and facts, that is the difference between us.

 

[junk]

But today we are talking about some hyper sadness about Indian economy as the thread title goes.

What you are failing to understand is Indian economy has lot of Strong HIDDEN potential in it with lot of strong HIDDEN fundamentals, it will bounce back again just like the super man who bounced back after fighting the death star

Dont underestimate the INDIA IS THE SUPER HYPER POWER OF THE WORLD

 

[IndoCarib]

^^^ Here is a World Bank prediction from last year, and the thread about it:

http://www.defence.pk/forums/world-affairs/77664-india-outpace-china-2011-wb.html

How did it turn out?

Indians are always living on "predictions", but they always fail to live up to them. They never live on actual present data and facts, that is the difference between us.

Why dont you laugh at world bank ?? You believe all negative predictions on Indian economy dont you ??

 

[Chinese-Dragon]

Do you think the Indian govt may have been massaging figures?? Maybe the growth was not really that high at all?

Well, India was actually caught trying to fudge their own economic data:

India Overstated Exports by $9 Billion - Forbes

Very stupid to try and fake export data, since the numbers can easily be double-checked by the countries who receive the exports.

Why dont you laugh at world bank ?? You believe all negative predictions on Indian economy dont you ??

As I have said time and time again, I don't believe any predictions about the future.

Since obviously, no one can see the future. And I especially despise any glorified predictions about China's economic future, especially those ones that were specifically designed to boost egos.

 

[jbond197]

@post 62
Some Pakistanis try so hard to hide their identities but are caught as soon as they start talking junk!!

For once, be true to your flag.. Don't be ashamed of it..

 

[JohnyD]

^^^ Here is a World Bank prediction from last year, and the thread about it:

http://www.defence.pk/forums/world-affairs/77664-india-outpace-china-2011-wb.html

How did it turn out?

Indians are always living on "predictions", but they always fail to live up to them. They never live on actual present data and facts, that is the difference between us.

lol...at least not at the cost of killing millions of protesters and depriving parents from having a second child...your buildings might look tall and beautiful than ours but your foundation is as worse as your arrogance and expansionist thought process…

 

[Chinese-Dragon]

@post 62
Some Pakistanis try so hard to hide their identities but are caught as soon as they start talking junk!!

For once, be true to your flag.. Don't be ashamed of it..

Now you are accusing "junk" of being a Pakistani too?

You Indians are great, you can't stand up to any flag except Pakistan's.

 

[lem34]

Yes it would appear people could get very sad about Indian economy leading to suicides etc. For example the truth may be worse:


Sujan Hajra: Facts about official figures
Fourth quarter GDP data includes a spurious trade surplus, suggesting that the final growth figure is even lower
Sujan Hajra / Jun 05, 2012, 00:23 IST

Sujan Hajra: Facts about official figures

I did not want to put too explicit an article on here for fear of offending or making people too sad so only those that have the stomach and constitution should click on the link

 

[ChinaToday]

Why dont you laugh at world bank ?? You believe all negative predictions on Indian economy dont you ??

My fellow Indians, please dont post in this thread anymore. It is getting boring

Source: http://www.defence.pk/forums/world-...an-economy-narayana-murthy.html#ixzz1xc2p2zOs

when you are saying something like that you yourself need to set an example for it to work mate

 

[IndoCarib]

Well, India was actually caught trying to fudge their own economic data:

India Overstated Exports by $9 Billion - Forbes

Very stupid to try and fake export data, since the numbers can easily be double-checked by the countries who receive the exports.



As I have said time and time again, I don't believe any predictions about the future.

Since obviously, no one can see the future. And I especially despise any glorified predictions about China's economic future, especially those ones that were specifically designed to boost egos.

That data error was admitted by Indian government unlike the chinese.


Chinese Officials fudge economic #'s to analysts expectations.

someone else have to point out the data fudge

 

[jbond197]

Well, India was actually caught trying to fudge their own economic data:

India Overstated Exports by $9 Billion - Forbes

Very stupid to try and fake export data, since the numbers can easily be double-checked by the countries who receive the exports.

.

Yeah, so true and that's the reason china tried to fool others

Can You Trust China's Economic Figures?

Some excerpts from the report

But, according to some reports, the government manufactures China’s official statistics. Diplomatic cables published by the whistleblower site Wikileaks earlier this year allege that key Chinese officials have admitted China’s GDP numbers and other reports are largely “man-made.

 

[JohnyD]

Now you are accusing "junk" of being a Pakistani too?

You Indians are great, you can't stand up to any flag except Pakistan's.

and finally you achieved the target...so taking home 100 cents today...lol....having party with your GF /BF ???? lofl

 

[IndoCarib]

My fellow Indians, please dont post in this thread anymore. It is getting boring

Source: http://www.defence.pk/forums/world-...an-economy-narayana-murthy.html#ixzz1xc2p2zOs

when you are saying something like that you yourself need to set an example for it to work mate

someone needs to put a stop to your endless nonsense with the latest news

 

[jbond197]

That data error was admitted by Indian government unlike the chinese.

Errors happens and acceptance of mistake makes man big.. But that's not Chinese traits.. They are fake bottom up..

 

[Jackdaws]

We are talking about the Indian economy; not the Chinese.