Total revenue of Chinese majon companies equal 1.89 times of India GDP.

[IndoCarib]

^^^^^^
Please dont post Chinese sources. Come to the point you are trying to make. You are not making any sense

 

[lamlap]

Fitch scales down India GDP growth estimate to 7.7%

Fitch scales down India GDP growth estimate to 7.7% - Economic Times

 

[IndoCarib]

^^^^^
The article is dated 4 th july.

This is todays

http://www.businesstoday-eg.com/eco...ecast-for-indias-gdp-remains-at-85-fitch.html

 

[lamlap]

Fitch joins other major agencies like the IMF and World Bank that have projected sub-8 % growth for the domestic economy this fiscal, in a major drop from 8.5% last year.

The Fitch report says the economic outlook is likely to remain somewhat clouded by persistently high inflation

 

[ares]

Fitch joins other major agencies like the IMF and World Bank that have projected sub-8 % growth for the domestic economy this fiscal, in a major drop from 8.5% last year.

The Fitch report says the economic outlook is likely to remain somewhat clouded by persistently high inflation

The Hindu : Business : ADB scales down India's GDP growth forecast to 8.2 % this fiscal

 

[IndoCarib]

lamlap is just spamming. Not responding to the article I posted

 

[lamlap]

2010 India GDP = 8.5% ( 1.538 trillion )

The Fitch report

 

[IndoCarib]

Forecast for India’s GDP remains at 8.5% - Fitch


Fitch announced that its forecast on India’s growth rate is unchanged at 8.5% for FY’11, but brought down the next two fiscals’ projection by 50 basis points each fearing inflation and widening current account deficit. “Fitch maintains its forecast for FY’11 with Gross Domestic Product (GDP) growth expected to be 8.5%, supported by the 8.8% Y-O-Y outturn in Q2’10”, said the rating agency.

“The relatively low share of exports in GDP (22% in FY’10) partly insulates India from higher risks to growth in the advanced economies, although foreign direct investment is an important growth driver and would pose a downside risk to Fitch’s forecasts in a global double-dip scenario,” added Fitch.

Fitch has also trimmed India’s GDP growth rate forecasts for FY’12 to 8.5% from 9% and for FY’13 to 8% from 8.5% on fear of hardening of inflation and widening of current account deficits. India’s current account deficit came in at 2.9% of GDP for FY’10, up from 2.4% in FY’09 and the widest since FY’91, partly on a 17% Y-O-Y surge in services imports.

The food inflation in the country climbed 0.98 percentage points to 16.44% during the week ended 18 September, from 15.46% in the previous week, on higher prices of vegetables, milk and pulses.

Pranab Mukherjee, the Finance Minister of India said that, “At the end of this year we will be able to surpass our GDP growth forecast of 8.5-8.75% given in the Economic Survey”. The Indian economy grew by 7.4% in FY’10 after moderating to 6.7% in 2008-09. And Fitch expects the Reserve Bank to increase policy rates by another 50 basis points in the current fiscal to “lean against any further acceleration in growth”.

 

[lamlap]

India: The overall GDP growth in 2010 was estimated at 8.5%http://www.indiablooms.com/BusinessDetailsPage/businessDetails060711c.php

 

[lamlap]

India GDP was not 1.7 trillion in 2010 but 1.538 trillion instead.
$1.538 trillion (2010 est.)
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html

you are right! Congrats

 

[lamlap]

Forecast for India’s GDP remains at 8.5% - Fitch


Fitch announced that its forecast on India’s growth rate is unchanged at 8.5% for FY’11, but brought down the next two fiscals’ projection by 50 basis points each fearing inflation and widening current account deficit. “Fitch maintains its forecast for FY’11 with Gross Domestic Product (GDP) growth expected to be 8.5%, supported by the 8.8% Y-O-Y outturn in Q2’10”, said the rating agency.QUOTE]


ROFL!!!!!!!!!!!!

3/10/2010/
Fitch keeps India's GDP forecast unchanged at 8.5 pc

ROFL!!!!!!!!!!!!

3/10/2010/
Fitch keeps India's GDP forecast unchanged at 8.5 pc

 

[lamlap]

Fitch scales down India GDP growth estimate to 7.7%

Jul 4, 2011
Fitch scales down India GDP growth estimate to 7.7% - Economic Times

 

[IndoCarib]

Please refer post no 48. You seem to have problem locating posts.

 

[lamlap]

Please refer post no 48. You seem to have problem locating posts.

Face the FACT:

3/10/2010
Fitch keeps India's GDP forecast unchanged at 8.5%

4/07/2011
Fitch scales down India GDP growth estimate to 7.7%

 

[IndoCarib]

For the last time

Forecast for India

open the link and read slowly and check the date. It is

July 14th 2011