Indian Rupee patla ho gaya. A new theory of economist Modi on failing Indian economy.

[Sugarcane]

But new notes were printed by Modi Sarkar, He should tell k rupia patla kaise ho gaya

 

[Storm Force]

The Pakistanis are obsessed by Indian gdp and economy

 

[MilSpec]

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https://www.nationaldebtclocks.org/

This Post was Epic dude.

@randomradio Check out this troll slam.

 

[xyxmt]

Wow, my economist, so much economic Gyan without any reality?

Do you know the reality of 222.2 billion dollar short term debt? Do you? Lemme help you by putting forth the data :

https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR341816BAE7EE31054F7898D6209336FBEA11.PDF

View attachment 493929

You can see 222.2 billion debt here right?

1. 89.1 billion dollar are in NRI deposits reaching maturity. NRI Deposits in India are GROWING year over year.
Do you know why they are accounted in 'debt' btw?
Do you think these are actually a problem?
I will give you a hint :
My family has quite a few NRI deposits of worth 5-6 million USD in India and we are planning to double them in 3-4 years.

2. Soverign Debt, payable by Government is just 5 billion dollars.

3. Short term debt of 102 billion dollar majorly consist of Foreign Portfolio Investments (FPI): corporate bonds held by foreigners and are payable by the corporates.
Do you really think corporates cannot manage their payments and currency pressure?
There is a position in each company called Treasurer and his or her full time job is to manage money of the company. One of our subsidiary in India had a USD payment of 400K, you know what my treasurer did? He bought options of INR vs USD. Even though INR fell, we were still able to pay USD payment at 54.46 INR per USD. Why? That was the strike price of option. And thats just one trick. There is a whole discipline called hedging in corporate finance. Ask someone who has done CFA charter.

There is a reason why armchair economists are considered stupid, just like armchair generals who look things in isolation. Reality is WAY more complicated than what you see in news papers and random reports. The reality is that in 2019 there is election so astro-turfing for votes has already started. The reality is that like of economics times of india have to publish spicy news out of mundane details of economy to sell their paper.

you people keep saying majority of India's debt is owed by private companies, do Prvate companies in India print their own dollars and maintain their own forex not part of total Indian forex?

 

[Shamsher1990]

you people keep saying majority of India's debt is owed by private companies, do Prvate companies in India print their own dollars and maintain their own forex not part of total Indian forex?

No they don't print their dollars. They do earn their dollars. Like TCS gets a number of their payments done in dollars. Many of them have dollars outside the country as well, in different subsidiaries.

And then their treasurers use hedging techniques like using dollar Futures and options to ensure currency pressure does not disrrupt their business.

And lastly many of these corporates hold assets which are linked to dollars. Like IP registered in USA, land and property in USA etc. And in many cases many companies in india are subsidiaries or acquisitions of companies with headquarters in USA.

 

[Novice09]

Wow, my economist, so much economic Gyan without any reality?

Do you know the reality of 222.2 billion dollar short term debt? Do you? Lemme help you by putting forth the data :

https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR341816BAE7EE31054F7898D6209336FBEA11.PDF

View attachment 493929

You can see 222.2 billion debt here right?

1. 89.1 billion dollar are in NRI deposits reaching maturity. NRI Deposits in India are GROWING year over year.
Do you know why they are accounted in 'debt' btw?
Do you think these are actually a problem?
I will give you a hint :
My family has quite a few NRI deposits of worth 5-6 million USD in India and we are planning to double them in 3-4 years.

2. Soverign Debt, payable by Government is just 5 billion dollars.

3. Short term debt of 102 billion dollar majorly consist of Foreign Portfolio Investments (FPI): corporate bonds held by foreigners and are payable by the corporates.
Do you really think corporates cannot manage their payments and currency pressure?
There is a position in each company called Treasurer and his or her full time job is to manage money of the company. One of our subsidiary in India had a USD payment of 400K, you know what my treasurer did? He bought options of INR vs USD. Even though INR fell, we were still able to pay USD payment at 54.46 INR per USD. Why? That was the strike price of option. And thats just one trick. There is a whole discipline called hedging in corporate finance. Ask someone who has done CFA charter.

There is a reason why armchair economists are considered stupid, just like armchair generals who look things in isolation. Reality is WAY more complicated than what you see in news papers and random reports. The reality is that in 2019 there is election so astro-turfing for votes has already started. The reality is that like of economics times of india have to publish spicy news out of mundane details of economy to sell their paper.

Unless you happen to be his mullah, there is nothing you can inject in his brain

Never ever try to teach economy to people from Harward...

They cannot differentiate between FDI and Loans and when you go into micro economy... it is like...

Falling INR is the only fodder for them to show the bad shape of Indian economy...

 

[Ishq Dewana]

I wonder if Indians will be happy about “patla GDP” of their country since Pakistan will pass it by 2035

 

[Novice09]

I wonder if Indians will be happy about “patla GDP” of their country since Pakistan will pass it by 2035

We will talk about it in 2035... let's discuss the reality today...

 

[HttpError]

Jai Chai walay ki.

 

[Shamsher1990]

I wonder if Indians will be happy about “patla GDP” of their country since Pakistan will pass it by 2035

I cannt predict economic conditions beyond 5-6 months. Most economist give up after 5-6 quarter.
I don't know how will things be 3-4 years down the line and I think no one has crystal orb to do that either. And you are talking about 2035.

 

[randomradio]

This Post was Epic dude.

@randomradio Check out this troll slam.

This tagging feature is broken. I didn't get a notification for it. Found your post only cause I came across it.

 

[Pan-Islamic-Pakistan]

Modi was elected on hate, not economic proficiency despite his slogans.

This is what Hindus call karma. Muslims call qudratullah.

 

[newb3e]

afeem walli chai?

 

[Ishq Dewana]

afeem walli chai?

Modi the chai wala should really well know that “patli” chai is bad.

 

[newb3e]

Modi the chai wala should really well know that “patli” chai is bad.

india is a poor country wahan chai may paani thook keh aur doodh rukh keh chalta hai hence the patli chai.