With Rupee down the Indian GDP is down to US$1.68 trillion, China 5x larger

[acid rain]

whats with the Bangladeshi here? why is he referring to Indians as Hindus in all his posts? not every Indian is a Hind, why bring religion into this?
@nuclearpak, @Jungibaaz, this is trying to insult Indians.

 

[Truth Finder]

LOL, so why are all the international credit agencies downgrading India to junk?

Why is FDI fleeing India and why is the rupee collapsing?

By the way, China's FDI just surged to the highest level it has been since 1997:

http://www.defence.pk/forums/world-...n-direct-investment-surges-two-year-high.html

So sorry, the global investors don't believe that India is more stable than China, since they are pulling out and causing your currency to collapse. While the Chinese Yuan has been rising steadily against the dollar for the entire past decade.

Name a single agency which has downgraded India to junk level???

What was Fdi in China in 2009 and what is now???

What was china's GDP growth rate in 2007-08 and what is now???

What's about china's credit bubble??

What's about china's ghost cities???

What's about fake Chinese data???

What's about china's manufacturing erosion???

 

[AUSTERLITZ]

LOL, so why are all the international credit agencies downgrading India to junk?

Why is FDI fleeing India and why is the rupee collapsing?

By the way, China's FDI just surged to the highest level it has been since 1997:

http://www.defence.pk/forums/world-...n-direct-investment-surges-two-year-high.html



So sorry, the global investors don't believe that India is more stable than China, since they are pulling out and causing your currency to collapse. While the Chinese Yuan has been rising steadily against the dollar for the entire past decade.

Read the interview and understand the credit is all hot air,china has clay feet.

 

[RiazHaq]

Total Ignorance. GDP is not calculated on daily dollar exchange basis but on long term average basis. India's rupee GDP is 114+ trillion now. So, it is $2 trillion as long as the average is about 57. But, average is lower than 57. Currency fluctuation is nothing new. As it goes around, also comes around. In June 2012 it was 57, some time after it was 49, in may 2013 it was 53 , in June 2013 it was almost 62, now it is 59.

And, by the way, why do you think India's GDP growth is static despite being world's 2nd fastest growing economy among major economies???

Nominal GDP is calculated based on exchange rates. Indian rupee has been in a long-term decline for a couple of decades...the long term down trend is not about to reverse itself anytime soon, especially because of India's growing twin deficits.

Haq's Musings: Soaring Chinese Imports and Twin Deficits Worry India

 

[Truth Finder]

Nominal GDP is calculated based on exchange rates. Indian rupee has been in a long-term decline for a couple of decades...the long term down trend is not about to reverse itself anytime soon, especially because of India's growing twin deficits.

Haq's Musings: Soaring Chinese Imports and Twin Deficits Worry India

1)Certainly. But not on daily basis, actually on long term average basis.

2)FAD- 6.7%(2011), 5.9%(2012), 4.89(2013 MARCH 31ST) of GDP

CAD-6.7%(IN Q3 OF FY12-13), 3.6%(Q4 OF FY-12-13) of GDP

Widening FAD & CAD was intentional for the sake of FISCAL STIMULUS post 2008 and now it is withdrawn.

 

[RiazHaq]

1)Certainly. But not on daily basis, actually on long term average basis.

Haq's Musings: India's GDP Shrank to $1.84 Trillion in 2012-13 in US Dollar Terms

 

[Arya Desa]

I think if Indians don't quickly get those White slave laborers they may have to enslave those poor Dravidians.

I have a white maid that's sort of a slave, as close as I legally can get.

 

[A1Kaid]

India is undergoing stagflation as it was predicted by economic experts.

 

[Truth Finder]

Haq's Musings: India's GDP Shrank to $1.84 Trillion in 2012-13 in US Dollar Terms

What's the average exchange rate between 2001 & 2010 according to your chart??? What's about between '97 and '07???

You can't pick and choose one or two years.

 

[faithfulguy]

Name a single agency which has downgraded India to junk level???

What was Fdi in China in 2009 and what is now???

What was china's GDP growth rate in 2007-08 and what is now???

What's about china's credit bubble??

What's about china's ghost cities???

What's about fake Chinese data???

What's about china's manufacturing erosion???

Base on your questioning of China, is India much better in percentage or absolute in the question you pose to him? If not, you are just making fun of your own country.

Both China and India are 3rd world countries and are one of the more poor countries in the world. But India is far worse than china today. So when you are making fun of them, you are saying that your country is even worse.

 

[SHAMK9]

Indian rupee really wants to meet Pakistani rupee

 

[Slavery]

The Indian economy will continue to shrink in dollar terms. Indian economy has large current account deficits, budget deficits, high inflation, infrastructure bottlenecks and an overpopulation problem with very little resources. These problems will continue to drag the Indian economy down. Currently India is experiencing stagflation. It's a horrible problem.

 

[Skull and Bones]

The numbers in the article are slightly below the current ones.

Firstly, the Chinese nominal GDP is around $8.3 trillion based on last years data.

And the rupee is around 61 at the moment.

No, it is again 59.35 at the moment.