India's current account deficit down to 1.3% of GDP: Jaitley

[Providence]

It's quoted in millions.
Nothing wrong with the chart, external debt was a little over 2.5 billion, or 250000 million, in 2010.
It is close to double in 2015

Yes. Values haven't been tampered. I agree but the representation is. The representation focusses only on the peaks which is a wrong way.

Normal people when they look at histograms, focus is always on heights and the relative height difference. Only a statistician tries to correlate it with actual values. That detail in the right will always be missed by a normal person. There lies the debauchery !

 

[anant_s]

India's central bank chief Rajan is the best in the world.

we indeed are very lucky to have a man of Rajan's caliber.
he took up the office when dollar exchange rate was going through the roof and CAD was dangerously high, growth was muted.
most suggested to lower the interest rates but what he did was opposite and kept cranking up borrowing rates.
this in long term brought down inflation as there was lower demand for things owing to lesser money, controlled wasteful imports including gold, thereby stabilizing ruppee against dollar and brought in a lot of discipline in banking and finance sector.
to his luck crude prices have come down but as they say brave men have all the luck and fortune.
today we are at a point where inflation being manageable interest rates can be lowered even after a deficient monsoon.
most central bankers see him as the best banker any country could have simply because he had the courage to swim against the tide and do exactly opposite of what rest of the world was doing. and all this in less than 2 years. if thats not magic, i don't know what else is.
PS i have a wish. how about Rajan as Finance minister. anyone?

 

[SR-91]

we indeed are very lucky to have a man of Rajan's caliber.
he took up the office when dollar exchange rate was going through the roof and CAD was dangerously high, growth was muted.
most suggested to lower the interest rates but what he did was opposite and kept cranking up borrowing rates.
this in long term brought down inflation as there was lower demand for things owing to lesser money, controlled wasteful imports including gold, thereby stabilizing ruppee against dollar and brought in a lot of discipline in banking and finance sector.
to his luck crude prices have come down but as they say brave men have all the luck and fortune.
today we are at a point where inflation being manageable interest rates can be lowered even after a deficient monsoon.
most central bankers see him as the best banker any country could have simply because he had the courage to swim against the tide and do exactly opposite of what rest of the world was doing. and all this in less than 2 years. if thats not magic, i don't know what else is.
PS i have a wish. how about Rajan as Finance minister. anyone?

When Modi was forming his govt, I was praying that he picks Rajan as FM.

 

[AnnoyingOrange]

@Shotgunner51

Any reason your graph starts with a base value of 250000 ?

From 2010 to 2014, the Debt hasn't even doubled but your graph makes it look like it has more than quadrupled. Dishonesty should be second name of chinese people !

Thats some high end data doctoring by Chinese experts...

 

[Jason bourne]

focus on infrastructure is always a smart way to kick start or accelerate growth.
one more thing i want to add is government's focus on banking sector reforms. it is trying to bring in structural improvement by means of bad loan reduction and re capitalization, something that will allow better capital flow and start the capital spending cycle again.
only concerning thing i can see right now is opposition of congress to each and every bill just for the sake of opposing.
i don't see its support to land bill but for GST bill it must really support. hopefully GST regime will get implemented by 2016 March.

Cant GST passed by ordnance ... ?

 

[Omega007]

Cant GST passed by ordnance ... ?

But that ordinance will lapse after 6 months from the signing date,then what??

 

[Shotgunner51]

@Shotgunner51

Any reason your graph starts with a base value of 250000 ?

From 2010 to 2014, the Debt hasn't even doubled but your graph makes it look like it has more than quadrupled. Dishonesty should be second name of chinese people !

First time to see what is a Truncated Graph? Never seen it anywhere else ha? Ok then learn some you silly illiterate, illiteracy will always be your middle name no matter where you go. And dishonesty? Fume your idiotic hate to Anna Fedec editor-in-chief of the graph provider, she is in NY, what you didn't check the link I posted along with the graph before bitching?
India Total External Debt | 1999-2015 | Data | Chart | Calendar | Forecast
Shooting at your own foot, idiocy of the first degree.

Normal people when they look at histograms, focus is always on heights and the relative height difference. Only a statistician tries to correlate it with actual values. That detail in the right will always be missed by a normal person. There lies the debauchery !

What "HISTOGRAMS"? It's just a BAR GRAPH. Is that all of your illiteracy you can show? It's funny to watch you humiliate yourself.
Histogram - Wikipedia, the free encyclopedia
What Is a Histogram
Histogram | Frequency Histogram | Math@TutorVista.com

 

[saurav]

Cant GST passed by ordnance ... ?

No. GST requires amendment in constitution.

 

[Providence]

First time to see what is a Truncated Graph? Never seen it anywhere else ha? Ok then learn some you silly illiterate, illiteracy will always be your middle name no matter where you go. And dishonesty? Fume your idiotic hate to Anna Fedec editor-in-chief of the graph provider, she is in NY, what you didn't check the link I posted along with the graph before bitching?
India Total External Debt | 1999-2015 | Data | Chart | Calendar | Forecast
Shooting at your own foot, idiocy of the first degree.




What "HISTOGRAMS"? It's just a BAR GRAPH. Is that all of your illiteracy you can show? It's funny to watch you humiliate yourself.
Histogram - Wikipedia, the free encyclopedia
What Is a Histogram
Histogram | Frequency Histogram | Math@TutorVista.com

So now NY times is gospel to you. Wait for a couple of days. I will post some interesting links from NY Times

 

[Shotgunner51]

So now NY times is gospel to you. Wait for a couple of days. I will post some interesting links from NY Times

Have you bitch to Anna Fedec about that your "dishonesty" claim yet?

TradingEconomics.com | About us
Trading Economics was founded by Antonio Sousa and Anna Fedec in New York City. Antonio has 10 years of experience performing global economics research and advanced computer programming skills applied to the development of global macro and event driven trading strategies. Antonio holds a MBA in Finance and a degree in Economics and previously he was Chief Strategist for one of the world's largest financial trading firms. Anna Fedec is editor-in-chief for Trading Economics. She holds a Master Degree in Economics and International Relations. Trading Economics is headquartered in New York, has a team of analysts and developers in Lisbon and dedicated staff across the world.
TRADING ECONOMICS
New York | Lisbon
+16465938917​

Remember your "Histogram" complete BS? That was just plain stupid don't you think ha? LMAO
Now all of a sudden NY Times? You mean the New York Times right? You seems not just illiterate, stupid, self-humiliating but also now eccentric, that's new! OK then what about it?

 

[magudi]

Oil prices in full swing

 

[nair]

Oil prices in full swing

You can attribute this to an extent....But got to give credit to them for their work too......

 

[Providence]

Have you bitch to Anna Fedec about that your "dishonesty" claim yet?

TradingEconomics.com | About us
Trading Economics was founded by Antonio Sousa and Anna Fedec in New York City. Antonio has 10 years of experience performing global economics research and advanced computer programming skills applied to the development of global macro and event driven trading strategies. Antonio holds a MBA in Finance and a degree in Economics and previously he was Chief Strategist for one of the world's largest financial trading firms. Anna Fedec is editor-in-chief for Trading Economics. She holds a Master Degree in Economics and International Relations. Trading Economics is headquartered in New York, has a team of analysts and developers in Lisbon and dedicated staff across the world.
TRADING ECONOMICS
New York | Lisbon
+16465938917​

Remember your "Histogram" complete BS? That was just plain stupid don't you think ha? LMAO
Now all of a sudden NY Times? You mean the New York Times right? You seems not just illiterate, stupid, self-humiliating but also now eccentric, that's new! OK then what about it?

Calm down. You might explode before reading your next memo.

 

[Shotgunner51]

Calm down. You might explode before reading your next memo.

Yeah why not after enjoying your clown show, well you also grow a little literacy now don't you? Remember the Truncated Bar Graph, and the best part HISTOGRAM, LMAO! Oh don't forget to bitch your "dishonesty" BS to Anna Fedec alright, did you drop down her contact I showed you? Note, NY doesn't mean NYT, that's minimum literacy, don't call the guy LOL. And now "might" explode? Coulda woulda shoulda, as usual, OK show me your "future" or "forecast".

Some nationals are conspicuously missing here.

Well said, let's spread the joy!

@waz @Horus @AndrewJin @Chinese-Dragon @TaiShang Please invite!

Lol,those Chinese are burning with jealousy because they know that they will never become the sole super power

Absolutely! All facts are pointing the destiny of india becoming the sole super power!

@Icewolf @HongWu002 @Luca1 @dy1022 @Speeder 2

 

[dy1022]

Wonder when would be India's toilet account deficit down to 50%???