Pakistan's Karachi Stock Exchange to Perform Well in 2011

[Rafi]

Indices :SENSEX

03/01/11 : 20,621.61

18/07/11 : 18,592.19

Fall : 9.2%

However, India is still not begging USA, E U, S Arabia, China, Japan etc. etc. & etc. for Billions upon Billions of US Dollars in the "INTEREST OF INTERNATIONAL PEACE!"

Some one is on to "A nice little earner".

Meantime :



Comparing KSE to BSE (BSE having a Marketcap of over THIRTY THREE Times that of KSE and the Indian Population is slightly over SIX Times as that of Pakistan must be very frustrating for our Pakistani Interlocutor.

Keep up the good work!

The Uk alone gives more than a billion dollars in aid to the indians, the largest recipient of British aid.

 

[danger006]

Here's a recent Washington Post story on slowdown in India:

....In developments that parallel events in the other Asian powerhouse, neighboring China, rising prices have forced the government to steadily tighten monetary policy. Interest rates rose for the 10th time in 16 months last week.

But business leaders are unhappy. They say the medicine could be making the economic situation worse.

Much of the inflation in India is a function of higher oil and food prices, factors that respond poorly, if at all, to higher interest rates. Instead of depending on the central bank, the government needs to push through the kind of agricultural reforms and investment it has been talking about for years, analysts say.

“Government policy should be focused on improving agricultural productivity, but because that isn’t happening, the burden is falling more and more on monetary policy,” said Sanjay Mathur, Royal Bank of Scotland’s Asia emerging markets economist in Singapore. “Consequently, a number of sectors that shouldn’t be getting hurt are getting hurt.”

That means growth could fall back toward 7 percent, some economists warn, still faster than that of any major economy except China but below what India could achieve — and needs, if it is to pull hundreds of millions of people out of poverty.

“There is no point substituting one bad policy with another bad policy,” said Surjit Bhalla, chairman of Oxus Investments. “When the patient is down, don’t give him another kick in the pants.”

In the early 1990s, India’s government pushed through a series of economic reforms that unshackled the private sector and laid the foundation for two decades of strong growth. With that growth has come rising incomes, an expanding middle class and changing eating patterns. No longer dependent solely on rice, lentils and grains, Indians are demanding more vegetables, fruit, eggs, meat and fish.

Local agriculture has not kept pace. Farmers grow the wrong mix of crops, and about 40 percent of production is wasted before it reaches market because of inadequate distribution, warehousing and cold-storage systems.

Add to the mix a rural employment scheme that has boosted the incomes and appetites of India’s poorest, and a demographic bulge in hungry 15- to 24-year-olds, and it is little surprise that food prices are rising steadily year by year.

That in turn has pushed up wages, while production of raw materials such as coal, ores and cotton is also struggling to keep up with rising demand. Inflation hit 9.1 percent in May, and the central bank says it is expected to remain high through at least September.

To get food prices down, the government needs to promote horticulture and revolutionalize agricultural marketing and distribution, economists say. Allowing foreign companies such as Wal-Mart to set up supermarkets in India and invest in cold-storage facilities, a long-promised but still undelivered policy goal, would also help, they say.
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The Organization for Economic Cooperation and Development last week underlined the need for a new set of reforms in India to bolster growth, and no one in the finance or planning ministries seemed to disagree. The problem is getting it done.
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Higher interest rates are choking much-needed investment, which was almost flat in the first quarter of this year and grew just 4.1 percent year over year, as overall economic growth slipped to 7.8 percent.

The stock market is sliding — shares are down more than 14 percent this year, making India the worst-performing market in Asia. That in turn makes it more difficult for companies to raise the capital they need to invest.
----

Indian economy starts to slow down - The Washington Post

worst performing market. dont talk abt fish market here

 

[IndoCarib]

The Uk alone gives more than a billion dollars in aid to the indians, the largest recipient of British aid.

You put your foot in the mouth ! Again !

BBC News - Pakistan could be top of UK foreign aid list

 

[IndoCarib]

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[RiazHaq]

You put your foot in the mouth ! Again !

BBC News - Pakistan could be top of UK foreign aid list

Please not the difference between "could be" and "is".

India "is" the top recipient of British aid today.

Pakistan "could be" among the top British aid recipients is speculation about the future.

 

[AmberDutt]

Please not the difference between "could be" and "is".

India "is" the top recipient of British aid today.

Pakistan "could be" among the top British aid recipients is speculation about the future.

Sir

You do realize that per capita aid inflow in Pakistan is over 10 times that of in India.. ???

 

[Guest01]

So the performance is expected to be good for KSE? Good then. Very nice. Let us celebrate at the end of the year when we have seen the good performance. All wishes for the good going.

In these times, Pakistan needs all the good news that it can get. The 800 million is anyway seeming that will be stuck with the Congress trying to get a bill regarding OBL mehmaan nawazi. Preferential export quotas did not also come across. BoP n current account are also pretty tight and hinders even a week of oil stocks. Power deficit is not getting any better anyway anytime soon. So if there is some good news with KSE expected to do well, then it is really good. Being next to it, may be Sensex will also give a few extra cents of returns.

But I just hope that a Zimbawean Mugabe logic is not later applied for the ultimate analysis and numbers!

 

[RiazHaq]

Sir

You do realize that per capita aid inflow in Pakistan is over 10 times that of in India.. ???

Over 63 years since independence, India has been the largest recipient of foreign aid in the world, and yet, India remains home to the world's largest population of poor, hungry and illiterate people.

Haq's Musings: Foreign Aid Continues to Pour in Resurgent India

Haq's Musings: 63 Years After Independence, India Remains Home to World's Largest Population of Poor, Hungry and Illiterates

 

[RiazHaq]

Here's an excerpt from a Time magazine story on massive NGO spending in India:

With 3.3 million registered NGOs, India's nonprofit sector raises between $8 billion and $16 billion in funding every year. According to Home Ministry statistics, foreign funding to Indian NGOs saw a 56% increase in the 2005-06 and 2006-07 fiscal years. In 2008, the latest available data, the total official foreign aid to India was $2.15 billion.

Read more: Indian Nonprofits Face Scrutiny for Misuse of Foreign Aid - TIME

 

[Gandhi G in da house]

Please not the difference between "could be" and "is".

India "is" the top recipient of British aid today.

Pakistan "could be" among the top British aid recipients is speculation about the future.

In terms of Aid per capita Pakistan is much ahead of India but that is t0o complex a concept for you Mr. Pakistani Economist to understand so leave it .

 

[RiazHaq]

In terms of Aid per capita Pakistan is much ahead of India but that is t0o complex a concept for you Mr. Pakistani Economist to understand so leave it .

Personal insults are no substitute for rational arguments.

 

[IndoCarib]

Please not the difference between "could be" and "is".

India "is" the top recipient of British aid today.

Pakistan "could be" among the top British aid recipients is speculation about the future.

India is not top recipient of British aid today. It is Ethiopia

Ethiopia is Top UK Aid Recipient | Europe | English

 

[RiazHaq]

India is not top recipient of British aid today. It is Ethiopia

Ethiopia is Top UK Aid Recipient | Europe | English

Here's what the report you linked to says : Ethiopia will receive $2 billion in British development assistance in a four-year period.

India already receives over $500 million a year in British aid.

BBC News - Who, What, Why: Why does the UK give aid to India?

 

[Rafi]

Over 63 years since independence, India has been the largest recipient of foreign aid in the world, and yet, India remains home to the world's largest population of poor, hungry and illiterate people.

Haq's Musings: Foreign Aid Continues to Pour in Resurgent India

Haq's Musings: 63 Years After Independence, India Remains Home to World's Largest Population of Poor, Hungry and Illiterates

Thanks Mr Haq that is a real eye opener - it is indeed a disgrace that after all that effort - india still has nearly 800 million people on less than half a dollar a day.

 

[Rafi]

Here's what the report you linked to says : Ethiopia will receive $2 billion in British development assistance in a four-year period.

India already receives over $500 million a year in British aid.

BBC News - Who, What, Why: Why does the UK give aid to India?

I would personally like to thank you Mr Haq for informing me and others on the true extent of the various economic truths.