India's Rupee Hits New Low Against Dollar, Stocks Slump

[wolfpack]

Around 25 million Indian expatriates I believe.

What's the size of India's external debt?

You people just keep dreaming about Indias fall, while you won't do anything constructive to your nation Pakistan! what a shame! Your Generation is still stuck there,Listen Neither will India fall nor Is India going to GIVE KASHMIR! you can pledge your daily rotis for kashmir but in the end it won't feed you nor will your be satisfied.Forget that Kashmir dream.If we have to hand over we will Nuke it 3 -4 times and then hand it over

 

[Albatross]

It looks this will lead to now even more hunger in india as it already holds worlds largest hungry populations and yes it will raise the cost of constructing toilets in an already toilet deficient nation means more people would be doing the deed in open while enjoying cool breeze thus making the incredible india even more incredible

 

[Bobby]

Around 25 million Indian expatriates I believe.

What's the size of India's external debt?

Google it ....I think it is around 1.5 times of Pakistan GDP

 

[Cyberian]

Google it ....I think it is around 1.5 times of Pakistan GDP

How did India end up with so much debt, $376.3 billion as of March 2013? If the Indian Rupee continues to lose value, how is this going to impact India's ability to repay the debt?

 

[Bobby]

How did India end up with so much debt, $376.3 billion as of March 2013? If the Indian Rupee continues to lose value, how is this going to impact India's ability to repay the debt?

Dont forget ...India has $290 billion of reserve also

 

[Gandhi G in da house]

Kaan taras gaye koi achhi news sunne ke liyeabout the Indian economy.

 

[Bobby]

It looks this will lead to now even more hunger in india as it already holds worlds largest hungry populations and yes it will raise the cost of constructing toilets in an already toilet deficient nation means more people would be doing the deed in open while enjoying cool breeze thus making the incredible india even more incredible

Whatever it is ...much better than Pakistan....

 

[xuxu1457]

Can GDp of India reach 2 trillion in 2013????

 

[Cyberian]

Dont forget ...India has $290 billion of reserve also

So, why an external debt of $376.3 billion for India as of March 2013?

Considering India's national budget of $307 billion for 2013-2014, how much of the budget is paid on debt repayment?

Didn't the other BRIC member, Brazil pay off all their external debt a few years back? So why hasn't India done the same when the Indian economy was growing around 8%?


Edit: India's national budget figure updated to $307 billion from $287 billion as the Indian Rupee stood at INRs 54.2639 against the US$ for Thursday February 28, 2013, the day when the budget was announced.

 

[Azazel]

So, why an external debt of $376.3 billion for India as of March 2013?

Considering India's national budget of $287 billion for 2013-2014, how much of the budget is paid on debt repayment?

Didn't the other BRIC member, Brazil pay off all their external debt a few years back? So why hasn't India done the same when the Indian economy was growing around 8%?

Most of the debt around 75% are long term ones that are to paid back at a long period of time which means over 10-20 years.Most of that borrowing came from infra development.Rest of the debt are short term ones mThey are well with in manageable limit so far.

 

[Bobby]

So, why an external debt of $376.3 billion for India as of March 2013?

Considering India's national budget of $287 billion for 2013-2014, how much of the budget is paid on debt repayment?

Didn't the other BRIC member, Brazil pay off all their external debt a few years back? So why hasn't India done the same when the Indian economy was growing around 8%?

Dont panic mere bhai.....better check your own economy...
$287 B is not national budget.....it is reserve. which you have just $11 billion....keep dreaming.....

 

[senkakudefender]

Guys seeing infraprojects we'll do fine. But US is gonna do 3.4% in 4th quarter. China's sitting on housing bubble.

 

[Toxic Alien]

lol 1 US dollar=99.50 Pakistani rupees.

BTW Indian Forex reserves is around 25 times larger than pakistans foreign reserves.

 

[Bobby]

So, why an external debt of $376.3 billion for India as of March 2013?

Considering India's national budget of $287 billion for 2013-2014, how much of the budget is paid on debt repayment?

Didn't the other BRIC member, Brazil pay off all their external debt a few years back? So why hasn't India done the same when the Indian economy was growing around 8%?

India
Economy - $1.9 trillion (10 times of Pakistan)
external debt - $376 billion (6 times of Pakistan)
Reserve - $287 billion (26 times of Pakistan)
Deficit - $89 billion (1.8 times of Pakistan)

Pakistan
Economy - $200 billion
external debt - $61 billion
Reserve - $11 billion
Deficit - $50 billion

I think you should worry for Pakistan not for India

 

[senkakudefender]

Rupee back to 59 levels. Watch out for Q4 and guys DO NOT BUY ******* GOLD.