India economy slows to 7% growth, Modi failed!

[Sam.]

Indian bubble is bursting! The party ended. Now there are debts.

Seems like we need to invest in Chinese stocks or ghass khana padega

 

[Defunct]

Does India still have cows roaming the streets of their cities?

 

[Viny]

Does India still have cows roaming the streets of their cities?

Yes those are our Mobile MILK Kiosks.

 

[waz]

Nothing wrong with 7% growth, and it falls just beneath the more optimistic figure.

 

[Capt.Popeye]

Nothing wrong with 7% growth, and it falls just beneath the more optimistic figure.

Indeed.
Now with Economies around the world in flux, these up-swings and down-swings will get more common. All countries are interlinked economically in some way or the other.

 

[Pandora]

we are doomed .....hum ghas khaengey .....

Ghas khao gaye kay gobar ki chapati banao aur gaye kay mootar kay saath hazam karo.

 

[Post Colonnial]

Like his fake Gujrat Model, this 7% Growth Rate is also fake!

@Nair saab how's life treating you and thing's at home?



Bhai, get 'great' removed from your User ID.

what fake Gujrat model? I have gone and seen it in person. not fake

Nothing wrong with 7% growth, and it falls just beneath the more optimistic figure.

shutup....common sense is not allowed here. How dare you not say Modi failed.

 

[Kyusuibu Honbu]

Err - why even bother to reply to Troll thread with facts?

@Chanakya's_Chant is doing a great job educating Indians here, though his efforts are wasted on Pakistanis like the OP

Look on the brighter side, atleast the OP did not claim 7% growth rate figures are fake

 

[Post Colonnial]

Seems like we need to invest in Chinese stocks or ghass khana padega

even chinese don't invest in chinese stoackks these days ....the smart ones had already bundled all their cash in suit cases and bought condos and houses in Orange County, Manhattan and Jersey City.

An interesting personal experience: went to see a condo in JC waterfront. The agent said she didn't think there was much scope of negotiation. I threw my trump card at her - if she can get the price down a bit I will pay all cash (ie no mortgage etc. so I can close really fast). She went - "oh that's nothing; I have three Chinese people making offers, all of them are cash, so it's going to take full price, may be even overbid".

 

[Kyusuibu Honbu]

Yes those are our Mobile MILK Kiosks.

 

[Post Colonnial]

Yes those are our Mobile MILK Kiosks.

for a guy named Viny, you are sharpppp! actually it's getting there with rfid embedded cows

 

[Chinese-Dragon]

LOL, the Indian members have been cheering so much that China's growth rate has fallen to 7%. Even though we are an $11 trillion economy vs India's $2 trillion economy (with a similar population size). I guess you guys have heard of Karma?

That's not even considering Modi's "special calculations" that suddenly increased India's growth rate by multiple percentage points, even though ALL OTHER INDICATORS remained exactly the same. All other indicators were exactly the same (stagnant industrial output, etc) yet with a few swipes of the pen, suddenly a high growth rate.

IMF to examine India’s ‘puzzling’ growth data | The Financial Express

Even the RBI’s Rajan is Confused by India’s New GDP Numbers - Wall Street Journal

And even with these new magically revised numbers, India still can't beat an economy more than 5 times larger in "percentage" growth rate.

That percentage is a percentage of a base, and with a larger base economy it will of course be much harder to get a high "percentage" growth rate, since you'll have to add a vastly larger amount of output to achieve the same percentage increase.

 

[Post Colonnial]

LOL, the Indian members have been cheering so much that China's growth rate has fallen to 7%. Even though we are an $11 trillion economy vs India's $2 trillion economy (with a similar population size). I guess you guys have heard of Karma?

That's not even considering Modi's "special calculations" that suddenly increased India's growth rate by multiple percentage points, even though ALL OTHER INDICATORS remained exactly the same. All other indicators were exactly the same (stagnant industrial output, etc) yet with a few swipes of the pen, suddenly a high growth rate.

IMF to examine India’s ‘puzzling’ growth data | The Financial Express

Even the RBI’s Rajan is Confused by India’s New GDP Numbers - Wall Street Journal

And even with these new magically revised numbers, India still can't beat an economy more than 5 times larger in "percentage" growth rate.

That percentage is a percentage of a base, and with a larger base economy it will of course be much harder to get a high "percentage" growth rate, since you'll have to add a vastly larger amount of output to achieve the same percentage increase.

It is absolutely the limits of farces when a Chinese guys comes and talks about someone else cooking numbers! China is the one that has been written about for cooking skills, not just in its famous cuisines but also in finance. Resulst are there for everyone to see - debt bubble, 70% block of stock exchange, cash hordes exiting in suitcases and so on.

5 Things Peculiar About China’s Market Meltdown - WSJ

• 1 Halted stocks are the best
  Share on Twitter
  On Wednesday, some 1,400, or about half of the companies listed in China have been suspended, according to data provider Wind. Trading halts in China can last anywhere from days to years. But Chinese investors cheer when stocks are suspended from trading, as it usually portends restructuring news that is positive for stock prices.
  
  1,400
  Number of companies halted from trading in China
• 
  
• 2 The government is buying big state owned companies to pump up the market
  Share on Twitter
  In a move sure to further distort the market, shares of banking stocks are hitting recent highs even as the Shanghai Composite has fallen about 30% from recent highs. The market cap of PetroChina, which soared as much as 29% in the past two weeks, is now close to that of Google’s.
  
  
  
  
  Agence France-Presse/Getty Images
• 3 Fund managers have to cough up money to buy their own funds
  Share on Twitter
  As the market tumbles, senior managers at Chinese mutual funds have promised to spend half a million yuan (US$80,500) each to buy their own stock-focused mutual funds, and not to sell for a year.
  
  
  
  
  Zuma Press
• 4 The securities regulator is expected to save the market
  Share on Twitter
  It’s hard to imagine the U.S. Securities and Exchange Commission boosting stocks, but that’s what investors expect China’s Securities and Regulatory Commission to do. After the market tanked, CSRC has halted initial public offerings and mobilized funds to buy shares. Chairman Xiao Gang said recently that it has the ability and confidence to defend the stability of the market.
  
  
  
  
  Zuma Press
• 5 Always blame the foreigners
  Share on Twitter
  The internet is abuzz with criticism from university professors and professional money managers, blaming foreign capital for shorting Chinese stocks, leading to the market collapse. Foreigners currently have limited access to Chinese markets, and own less than 2% of the market cap. Starting this year, they can short individual Chinese stocks through Shanghai-Hong Kong Stock Connect link, but naked short-selling, or selling shares without owning them, is prohibited. No short-selling has taken place yet.
  

 

[Mr.Nair]

It is absolutely the limits of farces when a Chinese guys comes and talks about someone else cooking numbers! China is the one that has been written about for cooking skills, not just in its famous cuisines but also in finance. Resulst are there for everyone to see - debt bubble, 70% block of stock exchange, cash hordes exiting in suitcases and so on.

5 Things Peculiar About China’s Market Meltdown - WSJ

• 1 Halted stocks are the best
  Share on Twitter
  On Wednesday, some 1,400, or about half of the companies listed in China have been suspended, according to data provider Wind. Trading halts in China can last anywhere from days to years. But Chinese investors cheer when stocks are suspended from trading, as it usually portends restructuring news that is positive for stock prices.
  
  1,400
  Number of companies halted from trading in China
• 
  
• 2 The government is buying big state owned companies to pump up the market
  Share on Twitter
  In a move sure to further distort the market, shares of banking stocks are hitting recent highs even as the Shanghai Composite has fallen about 30% from recent highs. The market cap of PetroChina, which soared as much as 29% in the past two weeks, is now close to that of Google’s.
  
  
  
  
  Agence France-Presse/Getty Images
• 3 Fund managers have to cough up money to buy their own funds
  Share on Twitter
  As the market tumbles, senior managers at Chinese mutual funds have promised to spend half a million yuan (US$80,500) each to buy their own stock-focused mutual funds, and not to sell for a year.
  
  
  
  
  Zuma Press
• 4 The securities regulator is expected to save the market
  Share on Twitter
  It’s hard to imagine the U.S. Securities and Exchange Commission boosting stocks, but that’s what investors expect China’s Securities and Regulatory Commission to do. After the market tanked, CSRC has halted initial public offerings and mobilized funds to buy shares. Chairman Xiao Gang said recently that it has the ability and confidence to defend the stability of the market.
  
  
  
  
  Zuma Press
• 5 Always blame the foreigners
  Share on Twitter
  The internet is abuzz with criticism from university professors and professional money managers, blaming foreign capital for shorting Chinese stocks, leading to the market collapse. Foreigners currently have limited access to Chinese markets, and own less than 2% of the market cap. Starting this year, they can short individual Chinese stocks through Shanghai-Hong Kong Stock Connect link, but naked short-selling, or selling shares without owning them, is prohibited. No short-selling has taken place yet.

Some chinese are so hypocrites that they always blame west for their failure.It is none other than because of west chinese got new wealth, which they intentionally want to forget.

 

[rezangahir]

Ghas khao gaye kay gobar ki chapati banao aur gaye kay mootar kay saath hazam karo.

Aur tum camel ka mout piyo like ur Arab brothers.