India is the Last BRIC standing

[Luca1]

Wtf. Do Indians really want to boast about their economy?

 

[duhastmish]

Indian economy running on a bubble. When this bubble pops India will go back into 1960-1970's type of growth

India must learn from Pakistan how to keep inflow of money going.

We all know how Pakistan is sacking us money.
We know how Pakistan manages more news more debt.
And them soft loans.

 

[conworldus]

Wtf. Do Indians really want to boast about their economy?

When have they ever stopped boasting it? I have been hearing this since the 1990s.

 

[Speeder 2]

India is the Last BRIC standing

Of all the fast-growing BRIC countries, only India’s stands strong right now. Its economy seems perfectly structured to handle our delicate, and dangerous, global market.
A year and a half ago, emerging markets fell into chaos when the Federal Reserve signaled that the American economy had improved enough to end its asset-buying program, and investors began pulling out of foreign markets.
India was in a vulnerable place then — its current account deficit had been at 6.9% in late 2012, and outflows hit the economy hard. Plus, inflation was on the rise and growth was stagnating.
But today, while much of the world is in dark place economically — Brazil is embroiled in a corruption, scandal and sanctions continue to constrain Russia’s economy, China is slowing down, and unemployment persists in the EU — India stands out as a star performer: the one emerging market perfectly positioned for growth.

businessinsider . sg / india-is-now-the-last-bric-standing-2014-11 / # . VHlA_OlxnIU

Indeed, India is the last bric standing made of cow dung, because the rest are gold bars in comparison.

 

[Speeder 2]

Yeah, imagine our growth rate fell to 5.3% of our $10.4 trillion economy. That would be terrible, but we would still be adding a whole India to our economy every few years.

in every 2-3 years actually.

on top of that, the quality is different as well: consider USD X billion worth of industrial goods VS USD X billion worth of fly curry and t-shirts.

 

[Speeder 2]

india should be kicked out from brics. it has worst econimical fator among all member, in terms of total or per capital gdp, yet creating biggest noise. Those indian working style only hamper brics's cooperation.

it's very hard to find another country with a face as thick as a bric like India though... perhaps that's the only reason to have let India in in the first place?

 

[Speeder 2]

The value of Indian rupee against the greenback is going down the toilet again

could you kindly re-phrase your conclusion above, because there's a word there beyond Indians' comprehension.

 

[sancho]

We cant say his presence was same as that of Dr Singh.If that was the case we cant see this much of investment in our stock exchange.

No of course not, as a personality he is much more appealing than MMS, no doubt on that. But at the end of the day, we need to see what results India get and increased interests in Indias stock market won't raise the GDP, nor does it creates jobs or gives us a better political standing in the world right?
That then was what MMS gave India, with reforms, the nuclear deal or the political standing in the UN and the large support India got and still gets. No matter how bad people looks at him now, he did achieved credible things for India, lets see and hope that the current PM can say similar one day too.

Going forward our relations with USA will be completely different and Russia itself already acknowledged it for last couple of years. As influence of Indians grow further in USA it's bound to happen, also we can achieve kind of development we want to see in India is possible only with USA partnership.

That can't be said from what we see today. Indo - Russian political relations are more than strong, while Indo - US political relations are more than low after the issues in the recent years and not much promissing signals during and after the visit of the PM. I hope Hillary can change that!

 

[Swachh_Bharat]

Indeed, India is the last bric standing made of cow dung, because the rest are gold bars in comparison.

There is big difference between having 1.3 billion pigs and 1.25 billion cows.

We keep the milk.. but if you are so keen, we can supply cowdung for the pigs.

 

[Swachh_Bharat]

When have they ever stopped boasting it? I have been hearing this since the 1990??s.

We had the largest economy from 1 AD to 1600 AD.
This was the main cause that attracted the Europeans to search for sea routes to India .. and they happened to find America.

 

[cirr]

Are Indians are just blind to the truth？

Or they have no sense of proportion and shame？

 

[cirr]

We had the largest economy from 1 AD to 1600 AD.
This was the main cause that attracted the Europeans to search for sea routes to India .. and they happened to find America.

Rubbish。

The India as we know it today didn't come into being till the Brits came。

China's is the only surviving continuous civilization since 220 BC，with a central government to boot，be it the Han，the Mongolian or the Manchurian。

 

[l'ingénieur]

 

[SouthDesi]

I hope Hillary can change that!

You seems like have a strong hope on Hillary becoming next president. We can't say, always someone will emerge from no where in American politics. Too early to predict.

 

[Swachh_Bharat]

Rubbish。

The India as we know it today didn't come into being till the Brits came。

Ask the Brits。
They came looking for India and even registered an "East India company" in 1600 AD.

Apparently, they didn't know the old china existed or was worth looking for, back then.

Enough said。