shuttler
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What i do not understand is how when there is so much poverty in India how come India has or is giving billions of dollars so Europeans can have a life style that is just a dream for 95% Indians in India???? What is that all about???
I think it is a bad move of india to pledge its share of $10 billion @IMF during their looming financial crisis. IMF needs the money urgently due to PIIGs financial chaos!
What about when the grass runs out?
when the river (reserve) dries up
But if the planes are delayed they might be obsolete by the time they are delivered after all China's defense is already way ahead of India?
that is an indian obsession that wont easily go away.
they may have a lease and option to buy clause in their contracts so the liquidity pressure may be relieved a bit. Just like the leasing of the Russian submarine model!