S&P: May Downgrade India (Debt at 70% of GDP)

[IND151]

oh，please .
Don't compare india to japan.
That's ridiculous.
Japan product and export everything，india is just the opposite.

Top 10 Cement Producing Nations in World

Rank Country/Region mil Tonnes
1 People's Republic of China 1,800
2 India 290
3 Iran 74
4 United States 63.5
5 Turkey 60
6 Brazil 59
7 Japan 56
8 Spain 50
9 Viet Nam 50
10 Russia 49
11 Egypt 48
12 South Korea 46
13 Saudi Arabia 45
14 Indonesia 42
15 Italy 35
16 Mexico 34
17 Germany 31
18 Thailand 31
19 Pakistan 30
Others 520
2010 World Production 3,413.5

http://www.google.co.in/url?sa=t&rc...8Pm_CA&usg=AFQjCNHyLN-IjfICwER21nWtz2yBCSk8tQ


Top 9 Oil Refinery in world

Name of Refinery Location Barrels per Day
Jamnagar Refinery (Reliance Industries Limited) Jamnagar, Gujarat, India 1,240,000 [2]
Paraguana Refinery Complex (PDVSA) Paraguana, Falcon, Venezuela 940,000
SK Energy Co., Ltd. Ulsan Refinery (SK Energy) Ulsan, South Korea 850,000
GS-Caltex Yeosu Refinery (GS-Caltex) Yeosu, South Korea 730,000
Singapore (ExxonMobil) Singapore 605,000
Baytown Refinery (ExxonMobil) Baytown, TX, USA 572,500
Ras Tanura Refinery (Saudi Aramco) Saudi Arabia 550,000
Baton Rouge Refinery (ExxonMobil) Baton Rouge, LA, USA 503,000
Hovensa LLC (PDVSA) (Hess Corporation) Virgin Islands, USA 500,000

http://www.google.co.in/url?sa=t&rc...sqGVCA&usg=AFQjCNFRX3nb7SBO-FCDsN3kgHMJEZoELw




















Agricultural output in 2010 (Nominal)

— World 3,585.829
1 China 599.582

— European Union 293.080
2 India 284.524
3 United States 161.236
4 Brazil 142.141
5 Indonesia 108.130
6 Japan 76.424
7 Turkey 71.218
8 Nigeria 65.041
9 Russia 58.603
10 France 51.651

http://www.google.co.in/url?sa=t&rc...tp3GCA&usg=AFQjCNE1LxeC7Enrj6Cwuhp3twCwu7B4IQ

 

[davidson]

16, Jan, 2012


India's April-December trade deficit zooms to $133.3 billion
India's April-December trade deficit zooms to $133.3 billion


Horrible!
Horrible!
Horrible!
Horrible!
Horrible!
Horrible!

India trade deficit Out of Control????

 

[TalkToMe:D]

India has to repay $137.2 billion in June.

Let's all come back in six months and see whether India can pay a monstrous $137.2 billion lump sum. I'm willing to bet India will be downgraded to junk by the end of June.

Make a Big Castle in air by this six months

 

[davidson]

2015

PIIGS = Portugal, INDIA, Italy, Greece, Spain

BRIC = Brazil, Russia, Indonesia, China

http://www.defence.pk/forums/world-affairs/150945-i-bric-might-stand-indonesia-not-india.html

Big Chance!

India must solve the trade deficit problem as soon as possible, the stituation is going out of control

 

[northeast]

massive trade deficit and national debt will destroy india，let's just wait and see.

 

[Martian2]

massive trade deficit and national debt will destroy india，let's just wait and see.

You have just described Greece...and India.

One has already defaulted. The other is waiting in line to default.

 

[Veritas]

massive trade deficit and national debt will destroy india，let's just wait and see.

Lets wait and see... Greece is destroyed.. Italy is destroyed... Portugal is destroyed... .. blah blah blah...

---------- Post added at 04:54 PM ---------- Previous post was at 04:54 PM ----------

You have just described Greece...and India.

One has already defaulted. The other is waiting in line to default.

so you must be a bond holder how did the negotiations with the Indians go ?

 

[RoYaL~GuJJaR]

LOL...Is it me or is this drama by chines member is getting more funny day by day?

One is betting for 6 months period and one is saying India is already greece!

India for indonesia...LOL

I mean What the heck! Give it rest High IQ guys

 

[TalkToMe:D]

The Chinese are fast starting to talk like Pakistani trolls :
" May India get destroyed some day-----Insha Allahhhhh"

 

[Farooq]

Perhaps China may offer to rescue India's failing economy.

 

[TalkToMe:D]

Perhaps China may offer to rescue India's failing economy.

If China puts a helping hand this chinese trolls will kill themself.

 

[Mosamania]

Okay first I have to clarify this post is NOT Anti-India in anyway I am mainly stating my observations:

India had a big ambition. And Ambition it worked hard for which is to reach the "SuperPower" status a status extremely hard to achieve and in all due fairness only an idiot will say that India has no potential to be one. In order for a state to expand its GDP it needs to place very careful investments in itself. For instance Infrastructure and Education being one of the main if not THE main investments a state has to do.

India wanted to jump that and directly go for Industrialization. It started investing but sadfuly more like "Gambling" in Industrial projects which is evident by everyone. This gamble had two directions:
1-Win the bet and then create enough money to make even larger Infrastructure and Education projects which means it will solve more problems this way and in a faster rate.
2-Lose the bet and then go back to square one. (A deficit is any state's nightmare) Running on deficit means a state MUST start pay its debts and soon or in the long run Industrialization will go a step backward rather than forward.

I already knew from the beginning that India was aiming high, too high and refused to let it happen the natural way. India eyeing China was under immense pressure to compete. However the Chinese have started Education and Infrastructure work earlier while India was sadly too busy with wars and corruption that it missed the train. Would have been better if they waited for the next train to come but they decided not to.

In short words "India over shotted" India still has the potential but as I can see it has suffered a blow back.

 

[KRAIT]

Perhaps China may offer to rescue India's failing economy.

First of all Indian economy is not failing, secondly, China is already helping our economy by boosting trade. Confidence building measures with China at economic and defence field will go way long in strengthening ties, boom in trading and infrastructure development etc., making our economy robust.

No offence taken
Cheers

 

[RoYaL~GuJJaR]

Perhaps China may offer to rescue India's failing economy.

I don't know what is more funny, this Idiotic/stupid statement itself or It is coming from a Pakistani

 

[Veritas]

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