India loses another $1.5 billion of foreign reserves in past week

[LASER1]

Everyone in india wants to live in city

Not that we want to move everyone to cities. But we need more cities to reduce congestion in cities like New Delhi. South India has a lot of cities that's why they are not as congested as North India. Say, Bangalore, Kochi, Chennai, Hyderabad and so on, there are even smaller cities all around South India. While which is the best city in North India? That's only Delhi and NCR. All others are just poor infrastructure and poorly planned regions. Western regions are relatively better compared to the North.

That's why I said, we need more cities where we can fit our urban population.

Dont care honestly. Iceland is expected to grow at 7.2 % next year. Dont care about that either.

Iceland GDP is less than one year of what Bangladesh export. Don't care about that too.

 

[cloud4000]

It's very nice of Pakistanis on PDF to be concerned with India's economy and its dwindling foreign currency reserves. I'm sure India is preparing to ask the IMF for a bailout package similar to one Pakistan is seeking.

Good luck to both.

 

[Novice09]

India debt $529 billion.
India foreign reserves $402 billion
Total 9 months of trade payment left if debt is ignore. If debt payment is counted the 3 months of trade payment is left.
Debt payment due in March 2019 worth $222 billion.
Indian economy in lalaland

If you want it this way... let's do it...
We don't need a bailout package from IMF to pay our upcoming instalment... we will arrange further instalments somehow...

Plus, 31st of August is the last date to pay income tax and GOI will get few pennies by that... GST is a monthly activity... we Indians are paying more tax post demonetization...

 

[Skull and Bones]

Dont care honestly. Iceland is expected to grow at 7.2 % next year. Dont care about that either.

After the financial meltdown, equities in Iceland was very cheap.

 

[Persian Gulf 1906]

Debt payment due in March 2019 worth $222 billion.

What is your source for this?

I think this is not a problem for India, its national debt was 84% of GDP 15 years ago and now it is around 70%.

Small fluctuations in foreign reserves is normal and happens all the time, $1bn from $400bn is nothing.

 

[BHarwana]

What is your source for this?

I think this is not a problem for India, its national debt was 84% of GDP 15 years ago and now it is around 70%.

Small fluctuations in foreign reserves is normal and happens all the time, $1bn from $400bn is nothing.

Indian foreign reserves are declining for past 4 months consecutively.
The source for debt of $222 billion is a thread in the Indian defense section it has all details check it.

 

[AZADPAKISTAN2009]

By december looks like the debt would balloon to -300 billion

 

[ARMalik]

Indian foreign reserves are declining for past 4 months consecutively.
The source for debt of $222 billion is a thread in the Indian defense section it has all details check it.

And not only this, Modi decided to use "another method of GDP" calculation to "jack up" their GDP. This method was questioned and rejected by many international experts and institutions, even the US questioned it. As with a lot of fake things in india, they GDP is fake as well. Indian GDP is actually much lower around 5.5.

https://thewire.in/economy/the-reality-of-indias-rising-gdp-numbers

https://www.livemint.com/Politics/j.../The-truth-behind-Indias-new-GDP-numbers.html

https://www.equitymaster.com/5MinWr...ins-Why-the-Indian-GDP-Growth-Number-Is-Wrong

https://www.economist.com/finance-and-economics/2016/04/09/the-elephant-in-the-stats

https://indianexpress.com/article/b...wth-at-7-4-pc-but-questions-over-calculation/

 

[BHarwana]

And not only this, Modi decided to use "another method of GDP" calculation to "jack up" their GDP. This method was questioned and rejected by many international experts and institutions, even the US questioned it. As with a lot of fake things in india, they GDP is fake as well. Indian GDP is actually much lower around 5.5.

https://thewire.in/economy/the-reality-of-indias-rising-gdp-numbers

https://www.livemint.com/Politics/j.../The-truth-behind-Indias-new-GDP-numbers.html

https://www.equitymaster.com/5MinWrapUp/detail.asp?date=03/18/2016&story=3&title=Finally-an-Economist-Explains-Why-the-Indian-GDP-Growth-Number-Is-Wrong

https://www.economist.com/finance-and-economics/2016/04/09/the-elephant-in-the-stats

https://indianexpress.com/article/b...wth-at-7-4-pc-but-questions-over-calculation/

Forget GDP my friend the whole country is being run on fake news. Just like Adolf did in Germany before WWII

 

[anniyan]

not sure why bankrupt country is worried about our country