India: June exports fall 5.4%, imports down 13.5%

[T90TankGuy]

Indian economy is contracting.

The real state of the Indian economy is dire.

The currency collapse reflects that.

These official numbers prove it, of course the real numbers are way worse.

Indian fundamentals are getting weaker by the day.

Indian growth story was a house of cards.
Now it's over.

was wondering when the troll would show .

 

[fast]

LOL. You can tell Indians are hypocrites when there are a number of them jumped out screaming banned econ subject when unfavorable news is posted, but you don't see them come out when Indians were posting econ news in here.

Back to the topic. India is getting poorer and running out of foreign currency so the import is way down. They can't afford to buy stuff from outside. Their export is down as well that means their currency devaluation policy has failed to spurt more export. It's a sad state.

 

[illusion8]

LOL. You can tell Indians are hypocrites when there are a number of them jumped out screaming banned econ subject when unfavorable news is posted, but you don't see them come out when Indians were posting econ news in here.

Back to the topic. India is getting poorer and running out of foreign currency so the import is way down. They can't afford to buy stuff from outside. Their export is down as well that means their currency devaluation policy has failed to spurt more export. It's a sad state.

Worry about your own chinese economy - which is slowing down, and don't go by the CCP given fake figures.

 

[Alchemy]

Indian economy is contracting.

The real state of the Indian economy is dire.

The currency collapse reflects that.

These official numbers prove it, of course the real numbers are way worse.

Indian fundamentals are getting weaker by the day.

Indian growth story was a house of cards.
Now it's over.

How much do you get paid to post BS like this .... Are you referring to the above mentioned article or do you have any sound data to back up your BS..... Indian economy is still performing better than most other economies baring a few !

 

[ChineseTiger1986]

indian economy is not like ws-10 engine which contracts shrinks after 50 hrs of life.

Actually the WS-10 engine now can last more than 3000 hours in the TBO.

BTW, it is a product of the communism where it takes the national interest above the personal profit, if you respect the communism, then you should not bash it for no reason.

Just like we do respect many communist products from USSR, even though they were our enemy at the time.

 

[Alchemy]

Actually the WS-10 engine now can last more than 3000 hours in the TBO.

BTW, it is a product of the communism where it takes the national interest above the personal profit, if you respect the communism, then you should not bash it for no reason.

Just like we do respect many communist products from USSR, even though they were our enemy at the time.

Your respect for communist products from USSR is nothing to write home about , since you were one of their biggest customers of those products too at one time in era

 

[ChineseTiger1986]

Your respect for communist products from USSR is nothing to write home about , since you were one of their biggest customers of those products too at one time in era

The communist products of USSR were not only great for China, it is also great for Russia, since they rely it to make money.

Meanwhile India also benefits a lot from it.

 

[WS-10 Engine]

LOL. You can tell Indians are hypocrites when there are a number of them jumped out screaming banned econ subject when unfavorable news is posted, but you don't see them come out when Indians were posting econ news in here.

Back to the topic. India is getting poorer and running out of foreign currency so the import is way down. They can't afford to buy stuff from outside. Their export is down as well that means their currency devaluation policy has failed to spurt more export. It's a sad state.

exactly, if currency collapse helps exports, then zimbabwe would be one if the biggest exporters.
when the currency collapses, input costs skyrocket, like raw materials, energy, machinery,tools and equipment, computers, etc.
most of these things are imported, so once your currency is collapsing(like the dropee), all these inputs become unaffordable to manufacturers.

indian numbers are highly manipulated too, they say manufacturing PMI numbers are strong but they show industrial production is flat or contracting and exports collapsing.
PMI is a survey, the indian companies are lying about ACTUAL realities and telling the surveys that things are great.
but actual output and business activity is contracting.

why?

because:

1) currency is collapsing thus input costs are unaffordable.
2) inflation is too high for consumers to buy especially since india is a low income country with MASSIVE poverty.
3) interest rates are so high, thus borrowing costs are too high for companies to get loans to expand operations.

based on these things, the indian economy is contracting pretty fast, even the official numbers say india is in a horrible situation, of course if the official numbers are that bad then the real numbers are way worse. the real state of the indian economy is in dire straits. you add to that the indian budget problems with massive debt accumulation because of years of living beyond its means, the future is very bleak for india, and im putting it mildly.

this indian crisis makes the greece crisis look mild in comparison.

 

[pk_baloch]

i have been saying to many indians for many months that ur econmomy would be declined but they didn't beleive me

 

[Zeeshan360]

The thread is still in World Affairs

Atleast move it to Indian economy stick thread in Indian defence section

i have been saying to many indians for many months that ur econmomy would be declined but they didn't beleive me

Actually fall in imports decreased our fiscal deficit

 

[ajtr]

i have been saying to many indians for many months that ur econmomy would be declined but they didn't beleive me

Miyan let me give you some inside information...In india economy grows when govt sleeps.indian economy grows not coz of GOI but despite of GOI.Hope you now get the drift.

 

[kawaraj]

i have been saying to many indians for many months that ur econmomy would be declined but they didn't beleive me

they are living in a wonderland named "denial".

Talking about economic growth of 7 pct and meanwhile ignore the obvious fact that industrial output close to shrink, export and import deline, dual deficit, running high inflation, etc. They might think 7 pct is something out of their next day breakfast.

 

[Bobby]

Actually the WS-10 engine now can last more than 3000 hours in the TBO.

BTW, it is a product of the communism where it takes the national interest above the personal profit, if you respect the communism, then you should not bash it for no reason.

Just like we do respect many communist products from USSR, even though they were our enemy at the time.

Another Chinese fake data for their garbage quality product

Why would I need to worry about Chinese economy? But whatever. It's fun to watch your economy going down the toilet.

I dont need to worry on India's Economy...specially seeing your fake and false claim on Indian Economy...I just laugh on you high IQ a_ss

Chinese economy is smoking....

 

[xyxmt]

Girte hain sheh sawar hi maidan-e-jung mein
Wo tifl hi kya gire jo ghutno ke bal chala karte hain.

That fits on Pakistan, not India jo shru se gira hua tha abhi 10 sal pehley khara hua tha phir girney laga.