Indian Economy-News & Updates

[Tridibans]

Please also mentioned how you counter check those indian data.

I always counter check and use my own intuition before rely on Indian data. Most of the India data are fraud.

There you go. His secret 100% accurate economic report.

 

[Agent_47]

 

[CZAR]

I always counter check and use my own intuition before rely on Indian data. Most of the India data are fraud.

Haven't you and your kind from BD openly admitted, here, that your govt massages numbers to continue enjoying benefits that are allowed for LDCs?!

 

[laman12345]

Experts disagree with data showing that India’s jobless rate is lower than those in western countries

Manish Sabharwal, chief executive of TeamLease Services Pvt. Ltd, a human resource firm, said that the latest survey was a gross understatement of the unemployment rate. “Like poverty, unemployment definition needs a national debate. The 3.8% unemployment rate is unbelievable—it’s science fiction. The rate must be a multiple of this rate—in the range of 15% to 19%,” he said.

Sabharwal added that the precision of the study is misleading. “It’s more dangerous than just understatement as such surveys will mislead policy framework (meant) to address such problems.”

Experts disagreed with the Labour Bureau’s proposition that India’s unemployment rate is lower than those in western countries, including the US (8%), Spain (25%), Greece (21%) and Ireland (14%).
Pronab Sen, principal adviser in the Planning Commission, said India can’t be compared with developed countries because of the small size of its organized sector. “Most of the unemployment in India is among the youth. Adult unemployment is very small,” he said.

Two govt surveys sharpen debate on India’s unemployment data - Livemint

India government is a joke

 

[laman12345]

That's all inflation.
By your definition, Zimbabwe should have the wealthiest individuals in the world since their wealth in domestic currency increased multiple times.

Measure Indian 'wealth' by US dollars and you will realise India got poorer as your currency collapsed.

Indian 'wealth' is rising in rupees for the same reason your stock market is rising, all INFLATION due to currency collapse.

Currency collapse make you poorer, inflation gives you the illusion of 'wealth' as you have higher/bigger numbers. To noob Indians, you will not understand this. Because of your ignorance is the main reason your economy is going down the drain.

Indian economy is a basket case with high inflation, high deficits, high debt, low growth, current account deficits, currency collapse, etc.
Most African economies have better fundamentals than the Indian economy.

very poor, hyperinflation of India is going out of control!!

 

[IndoCarib]

in addition, shining indians dont have an "updated" concept!

all these are for pure entertainment! priceless!

Might get stuck in your throat, but try to digest anyway if you can !

Sorry, cant help you can not read graphs.

 

[IndoCarib]

I always counter check and use my own intuition before rely on Indian data. Most of the India data are fraud.

Why dont you counter check 3 - 4 times and post the real data here ?? We will know who is lying

 

[IndoCarib]

Only Big Mouth IndoUS believe the idiot data


Experts disagree with data showing that India’s jobless rate is lower than those in western countries

Manish Sabharwal, chief executive of TeamLease Services Pvt. Ltd, a human resource firm, said that the latest survey was a gross understatement of the unemployment rate. “Like poverty, unemployment definition needs a national debate. The 3.8% unemployment rate is unbelievable—it’s science fiction. The rate must be a multiple of this rate—in the range of 15% to 19%,” he said.

Sabharwal added that the precision of the study is misleading. “It’s more dangerous than just understatement as such surveys will mislead policy framework (meant) to address such problems.”

Experts disagreed with the Labour Bureau’s proposition that India’s unemployment rate is lower than those in western countries, including the US (8%), Spain (25%), Greece (21%) and Ireland (14%).
Pronab Sen, principal adviser in the Planning Commission, said India can’t be compared with developed countries because of the small size of its organized sector. “Most of the unemployment in India is among the youth. Adult unemployment is very small,” he said.

Two govt surveys sharpen debate on India’s unemployment data - Livemint

No One Trusts China's Unemployment Rate

NPR.org » No One Trusts China's Unemployment Rate

 

[laman12345]

Experts disagree with data showing that India’s jobless rate is lower than those in western countries

Manish Sabharwal, chief executive of TeamLease Services Pvt. Ltd, a human resource firm, said that the latest survey was a gross understatement of the unemployment rate. “Like poverty, unemployment definition needs a national debate. The 3.8% unemployment rate is unbelievable—it’s science fiction. The rate must be a multiple of this rate—in the range of 15% to 19%,” he said.

Sabharwal added that the precision of the study is misleading. “It’s more dangerous than just understatement as such surveys will mislead policy framework (meant) to address such problems.”

Experts disagreed with the Labour Bureau’s proposition that India’s unemployment rate is lower than those in western countries, including the US (8%), Spain (25%), Greece (21%) and Ireland (14%).
Pronab Sen, principal adviser in the Planning Commission, said India can’t be compared with developed countries because of the small size of its organized sector. “Most of the unemployment in India is among the youth. Adult unemployment is very small,” he said.

http://www.livemint.com/Politics/Z1...arpen-debate-on-Indias-unemployment-data.html

India unemployment is over 10% in 2009 by CIA, USA

Are you holding cash or investing in stocks currently? - The 5 Minute WrapUp by Equitymaster

India government is cheating you, only big mouth indians believe it

We Believe CIA, USA data, India government is a joke

 

[laman12345]

Very Bad NEWS: India going to bankruptcy

India's April-September trade deficit tops $89 billion

India to likely miss 2012/13 fiscal deficit target: Reuters

NEW DELHI/BANGALORE (Reuters) – India will likely miss its revised fiscal deficit target for the financial year ending in March, a Reuters poll showed, putting a question mark over the country’s efforts to avert a credit rating downgrade.

That could force New Delhi to borrow an extra 400 billion rupees via bonds as early as December.

India’s fiscal deficit is the widest among major emerging economies due to huge spending on subsidies for items such as food, fuel and fertilizer.

http://www.firstpost.com/fwire/indi...iscal-deficit-target-reuters-poll-518517.html

 

[mark_t]

The Chinese are such a troll man !!! This is why it is said that CPC propaganda unit is so effective in controlling china. They employ these trolls to launch attacks and these trolls don't even have the IQ to understand what they are saying. Do these chinese trolls even know the full form of QE-3 and what is inflation and Hyperinflation and PPP ?

Asinine trolls replying without using cognitive ability and no substance in their arguments. Just stupid one liners teached to them courtesy of CPC propaganda unit. If you want to discuss it then have some knowledge.

Very Bad NEWS: India going to bankruptcy

India's April-September trade deficit tops $89 billion

India to likely miss 2012/13 fiscal deficit target: Reuters

NEW DELHI/BANGALORE (Reuters) – India will likely miss its revised fiscal deficit target for the financial year ending in March, a Reuters poll showed, putting a question mark over the country’s efforts to avert a credit rating downgrade.

That could force New Delhi to borrow an extra 400 billion rupees via bonds as early as December.

India’s fiscal deficit is the widest among major emerging economies due to huge spending on subsidies for items such as food, fuel and fertilizer.

Do you even know what is bankruptcy ? You have shown yourself as a retard here.

 

[shuttler]

Might get stuck in your throat, but try to digest anyway if you can !

Sorry, cant help you can not read graphs.

despite trying so hard to meet my repeated demand, you still flunk it!!!
OMG, the graphs are hi school learning at best!
And you dont even know what rubbish you have shown to us after pulling out all your stops!

 

[shuttler]

Very Bad NEWS: India going to bankruptcy

http://www.firstpost.com/fwire/indi...iscal-deficit-target-reuters-poll-518517.html

hey I have posted the reuters news above india's widening deficits and their relentless spending spree before your posts uncut!

they had narrowly escaped their bankruptcy in 1991 during the financial crisis. Lets see if they are running out of luck this time!
they still have a few hundred billions of fx reserves but that will be evaporated easily on a substantial gas/oil hike!

 

[mark_t]

hey I have posted the reuters news above india's widening deficits and their relentless spending spree before your posts uncut!

they had narrowly escaped their bankruptcy in 1991 during the financial crisis. Lets see if they are running out of luck this time!
they still have a few hundred billions of fx reserves but that will be evaporated easily on a substantial gas/oil hike!

Do you even know anything about economy and finance. Can i know how much "substantial gas/oil hike" have you factored in ? Just shows how illiterate you are.

 

[laman12345]

hey I have posted the reuters news above india's widening deficits and their relentless spending spree before your posts uncut!

they had narrowly escaped their bankruptcy in 1991 during the financial crisis. Lets see if they are running out of luck this time!
they still have a few hundred billions of fx reserves but that will be evaporated easily on a substantial gas/oil hike!

totally agree

Last year, India government borrowed 929 billion rupees (22 percent) more than the budgeted amount to fund a deficit that overshot the original target