India Escalates Tensions With Pakistan on 67th Independence Day

[Argus Panoptes]

he is a fake and known embarrassment with his rabid views and his propensity to just plain twist facts into lies- which got him fired. Actually , they don't even have him listed as having anything to do with the universities- but because we don't know the time frames- I am generously assuming he worked there but was fired. I doubt he has earned any degree . His business are a fake front of just him- both which failed miserably.

look at one of his crappy website DynArray Corporation - Powerful Solutions for Business Productivity . and the phone number is disconnected.

I think we should keep our comments to the posts themselves and not the person making them. I am editing my post lest it be sanctioned.

 

[dray]

Isn't it a little awful to violate ceasefire, kill our soldiers, stir up tension, gloat about the unprovoked killings, and then blaming that "India Escalates Tensions with Pakistan on 67th Independence Day"!!!!

Does this qualify to be the new international standard of shamelessness?

 

[Liquidmetal]

We are not living no saints land.... are we? how does the article gives you sense... he frequently trying to point out India got millions under poverty, Yes India does have... and what is the point to point out that thing in every article? is pakistan rich and developed country... in which area does pakistan is in better place... are you sure PA is not firing on IA.... do you know just in Andhra pradesh GO AP, providing scholor ships and free education for poor students from lkg to engineering and medicine... Lakhs of students get benefited by it who can't afford High education....7 and half laksh professional students getting fee reimbursement ..... Fee Reimbursement Scheme (Andhra Pradesh) - Wikipedia, the free encyclopedia. providing subsidized rice soaps etc...


pakistan is in no place to compare with AP atleast....

I don't understand your poorly written point in response to my post.

It seems I have touched a raw nerve, and hence you have vomited some gibberish about India and how great it is. I am sure you are right, India is great. However, it is also a living hell for many hundreds of dirt poor Indians. and spending such a huge amount and continue to eye ball us across the LOC does nothing for the poor Indians.

If you had read my post from a prism of a balanced view rather than wearing blinkers and blindly believing your own hype, you would have seen that the author had stated Pakistan has many problems too and my post reiterated that view and in fact I advised that India should help achieve a resolution to Kashmir and hence would help Pakistan to come up from the bottom.

 

[Ayush]

happy independence day @RiazHaq

 

[AsiaDarega]

Put up or shut up

 

[RiazHaq]

Isn't it a little awful to violate ceasefire, kill our soldiers, stir up tension, gloat about the unprovoked killings, and then blaming that "India Escalates Tensions with Pakistan on 67th Independence Day"!!!!

Does this qualify to be the new international standard of shamelessness?

When you have a small region of the world as heavily militarized as Kashmir is with 700,000 Indian troops, border incidents are inevitable.

When such incidents happen, it is India which uses these border incidents to whip up anti-Pak hysteria with orchestrated Indian news coverage and attacks on Pakistani embassy.

Earlier in January this year, there was an alleged incident of beheading that got played up by the Indians. Barkha Dutt, a hawkish TV anchor at NDTV, led the Indian media charge against Pakistan by accusing Pakistani military of "savagery" and "barbarism". Indian prime minister talked of "no business as usual", and Indian Army chief told his "commanders to be aggressive and offensive" and the Indian Air Force chief threatened to use "other options". Pakistan's offer to have the incidents independently investigated by the United Nations was rejected.

All the talk of "Aman Ki Asha" went out the window when Pakistani hockey players were unceremoniously ejected from India as the right-wing Hindu organizations were aided and abetted by the hawkish anti-Pakistan Indian media. Hindu Nationalist BJP leader Sushma Swaraj demanded "ten Pakistani heads for one Indian head".

Soon, Barkha Dutt's phony outrage and Sushma Swaraj's bloodthirsty rhetoric about "beheading" were exposed by a quick Google search by Najam Sethi. Sethi found an article in a Nepalese publication Himal in which Barkha described how she was shown a severed head of a Pakistani as war trophy by an Indian Army officer in Kargil in 1999. Here's what she wrote in the article titled "Confessions of a war reporter":

"I had to look three times to make sure I was seeing right. Balanced on one knee, in a tiny alley behind the army’s administrative offices, I was peering through a hole in a corrugated tin sheet. At first glance, all I could see were some leaves. I looked harder and amidst all the green, there was a hint of black – it looked like a moustache. “Look again,” said the army colonel, in a tone that betrayed suppressed excitement. This time, I finally saw.

It was a head, the disembodied face of a slain soldier nailed onto a tree. “The boys got it as a gift for the brigade,” said the colonel, softly, but proudly. Before I could react, the show was over. A faded gunny bag appeared from nowhere, shrouded the soldier’s face, the brown of the bag now merging indistinguishably with the green of the leaves. Minutes later, we walked past the same tree where the three soldiers who had earlier unveiled the victory trophy were standing. From the corner of his eye, the colonel exchanged a look of shard achievement, and we moved on. We were firmly in the war zone."

Haq's Musings: Indian Security Hawks and Media Whip Up Anti-Pak Hysteria

 

[RiazHaq]

 

[danger007]

I don't understand your poorly written point in response to my post.

It seems I have touched a raw nerve, and hence you have vomited some gibberish about India and how great it is. I am sure you are right, India is great. However, it is also a living hell for many hundreds of dirt poor Indians. and spending such a huge amount and continue to eye ball us across the LOC does nothing for the poor Indians.

If you had read my post from a prism of a balanced view rather than wearing blinkers and blindly believing your own hype, you would have seen that the author had stated Pakistan has many problems too and my post reiterated that view and in fact I advised that India should help achieve a resolution to Kashmir and hence would help Pakistan to come up from the bottom.

Simply his every thread is $hit... yeah it is pakistan who is training militants against India. and who is the main reason for unrest in Kashmir... hole mess is started pakistan... are you trying to say only India is sole responsible for it?

 

[RiazHaq]

Jim Rogers: Why I’m shorting India

Hedge fund manager Jim Rogers, who moved to Singapore in 2007 because he thought the centre of the world is shifting to Asia, says India is set to miss out on the Asian century. The chairman of Rogers Holdings says that if there is one country an individual must visit, it has to be India for its “spectacular sensory feast, beautiful, food, colour and religions”, but it is also the worst country to do business in. Rogers also slammed the Indian government’s recent curbs on gold imports, saying Indian citizens had no choice but to buy the metal because they had very little faith in investing in other sectors of its economy. In an interview, Rogers spoke about the financial crisis and his bets for the future and defended his decision to be extremely negative about India in his just-released book Street Smarts: Adventures on the Road and in the Markets.

Jim Rogers: Why I’m shorting India - Livemint

 

[RiazHaq]

NY Times: "Many analysts say that India is unlikely to achieve prominence on the world stage until it reaches some sort of resolution with Pakistan of disputes that have lasted for decades over Kashmir and other issues."

Here's NY Times on India's growing troubles:

...a summer of difficulties has dented India’s confidence, and a growing chorus of critics is starting to ask whether India’s rise may take years, and perhaps decades, longer than many had hoped.

“There is a growing sense of desperation out there, particularly among the young,” said Ramachandra Guha, one of India’s leading historians.

Three events last week crystallized those new worries. On Wednesday, one of India’s most advanced submarines, the Sindhurakshak, exploded and sank at its berth in Mumbai, almost certainly killing 18 of the 21 sailors on its night watch.

On Friday, a top Indian general announced that India had killed 28 people in recent weeks in and around the Line of Control in Kashmir as part of the worst fighting between India and Pakistan since a 2003 cease-fire.

Also Friday, the Sensex, the Indian stock index, plunged nearly 4 percent, while the value of the rupee continued to fall, reaching just under 62 rupees per dollar, a record low.

Each event was unrelated to the others, but together they paint a picture of a country that is rapidly losing its swagger. India’s growing economic worries are perhaps its most challenging.

“India is now the sick man of Asia,” said Rajiv Biswas, Asia-Pacific chief economist at the financial information provider IHS Global Insight. “They are in a crisis.”

---.

The Indian government recently loosened restrictions on direct foreign investment, expecting a number of major retailers like Walmart and other companies to come rushing in. The companies have instead stayed away, worried not only by the government’s constant policy changes but also by the widespread and endemic corruption in Indian society.

The government has followed with a series of increasingly desperate policy announcements in recent weeks in hopes of turning things around, including an increase in import duties on gold and silver and attempts to defend the currency without raising interest rates too high.

Then Wednesday night, the government announced measures to restrict the amounts that individuals and local companies could invest overseas without seeking approval. It was an astonishing move in a country where a growing number of companies have global operations and ambitions.
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The submarine explosion revealed once again the vast strategic challenges that the Indian military faces and how far behind China it has fallen. India still relies on Russia for more than 60 percent of its defense equipment needs, and its army, air force and navy have vital Russian equipment that is often decades old and of increasingly poor quality.

The Sindhurakshak is one of 10 Russian-made Kilo-class submarines that India has as part of its front-line maritime defenses, but only six of India’s submarines are operational at any given time — far fewer than are needed to protect the nation’s vast coastline.

Indeed, India has fewer than 100 ships, compared with China’s 260. India is the world’s largest weapons importer, but with its economy under stress and foreign currency reserves increasingly precious, that level of purchases will be increasingly hard to sustain.

The country’s efforts to build its own weapons have largely been disastrous, and a growing number of corruption scandals have tainted its foreign purchases, including a recent deal to buy helicopters from Italy.

Unable to build or buy, India is becoming dangerously short of vital defense equipment, analysts say.

Meanwhile, the country’s bitter rivalry with Pakistan continues. Many analysts say that India is unlikely to achieve prominence on the world stage until it reaches some sort of resolution with Pakistan of disputes that have lasted for decades over Kashmir and other issues.

http://www.nytimes.com/2013/08/19/business/global/a-summer-of-troubles-saps-indias-confidence.html

 

[RiazHaq]

 

[RiazHaq]

India on verge of financial crisis, says The Guardian:

The Reserve Bank of India (RBI) in Mumbai. The country is facing its own financial crisis. Photograph: Vivek Prakash/REUTERS
India's financial woes are rapidly approaching the critical stage. The rupee has depreciated by 44% in the past two years and hit a record low against the US dollar on Monday. The stock market is plunging, bond yields are nudging 10% and capital is flooding out of the country.

In a sense, this is a classic case of deja vu, a revisiting of the Asian crisis of 1997-98 that acted as an unheeded warning sign of what was in store for the global economy a decade later. An emerging economy exhibiting strong growth attracts the attention of foreign investors. Inward investment comes in together with hot money flows that circumvent capital controls. Capital inflows push up the exchange rate, making imports cheaper and exports dearer. The trade deficit balloons, growth slows, deep-seated structural flaws become more prominent and the hot money leaves.

The trigger for the run on the rupee has been the news from Washington that the Federal Reserve is considering scaling back - "tapering" - its bond-buying stimulus programme from next month. This has consequences for all emerging market economies: firstly, there is the fear that a reduced stimulus will mean weaker growth in the US, with a knock-on impact on exports from the developing world. Secondly, high-yielding currencies such as the rupee have benefited from a search for yield on the part of global investors. If policy is going to be tightened in the US, then the dollar becomes more attractive and the rupee less so.

But while the Indonesian rupee and the South African rand are also feeling the heat, it is India – with its large trade and budget deficits – that looks like the accident most likely to happen. On past form, emerging market crises go through three stages: in stage one, policymakers do nothing in the hope that the problem goes away. In stage two, they cobble together some panic measures, normally involving half-baked capital controls and selling of dollars in an attempt to underpin their currencies. In stage three, they either come up with a workable plan themselves or call in the IMF. India is on the cusp of stage three.

India on the brink of its own financial crisis | Business | The Guardian

 

[RiazHaq]

Here's Wall Street Journal quoting BRIC coiner Jim O'Neill as saying “If I were to change it, I would just leave the ‘C’:


SAO PAULO–Former Goldman Sachs Asset Management Chairman Jim O’Neill, who coined the BRIC acronym describing four burgeoning emerging market countries, stands by the term he invented more than a decade ago, but admits that three of the countries have disappointed him in recent years.

The acronym created in 2001 groups Brazil, Russia, India and China, and has become a reference for a perceived shift in economic power toward developing economies.

“If I were to change it, I would just leave the ‘C,’” Mr. O’Neill said in an interview. “But then, I don’t think it would be much of an acronym.”

Economic growth in other BRIC countries has been disappointing, and the economic outlook for developing economies in general has changed in the last few years amid the end of a commodities boom and a slowdown in Chinese growth–which nevertheless remains high compared with that of its counterparts.

Meanwhile, signs of a recovery in the U.S and expectations the Federal Reserve will soon reduce its bond-buying program have helped strengthen the U.S. dollar, sucking money out of emerging markets and putting even more pressure on their less developed economies.

It has become “fashionable” to say the developed world is recovering while emerging markets are all slowing down, Mr. O’Neill said. “But what people don’t understand is the size of China,” he added.

The economist said that if China’s economy grows 7.5% this year, as he expects, that would create an additional $1 trillion in wealth, in U.S. dollar terms. “For the U.S. to contribute at the same level, it would have to grow around 3.75%,” Mr. O’Neill said.

Economists currently expect the U.S. economy to expand 1.5% in 2013, down from 2% projected in May, according to a recent survey by the Federal Reserve Bank of Philadelphia.

From 2011 to 2020, Mr. O’Neill said he has assumed average growth for the BRIC countries of 6.6% a year, less than the 8.5% average in the previous decade. Most of it up to now has come from China.

India has been the biggest disappointment among the BRIC countries, while Brazil has been the most volatile in terms of investor perceptions, the economist said.

“Between 2001 and 2004, many people told me I should never have included Brazil. Then, from 2008 to 2010, people told me I was a genius for including Brazil and now, again, people say Brazil doesn’t deserve to be there,” he said.

Brazil’s economic growth, which reached 7.5% in 2010, has been weak since then in spite of multiple government stimulus measures. The country seems doomed to growth of 2% or so in both 2013 and 2014, according to economists’ forecasts.

Brazil’s rapid growth in 2010 raised expectations, but many people forgot that the country is vulnerable to big moves in commodities prices, Mr. O’Neill said.

Another problem, he said, is that private investment remains a small share of the country’s gross domestic product. Brazil’s investment rate has been stuck at around 18% of GDP, the lowest level of any BRIC country, for a decade.

---

“They should only worry if there’s a pickup in inflation expectations; otherwise, they should relax,” he said, before the central bank late Thursday unveiled a massive intervention program to provide relief for the currency.

Brazilian inflation is currently 6.15%, close to the 6.5% ceiling of the central bank’s target range for 2013.

Even in the face of weak growth, Mr. O’Neill says he doesn’t plan to add or subtract letters from his famous acronym.

“If, by the end of 2015, there is persistent weak growth in Brazil, India or Russia, then I might,” he said, noting, however, that he expects Brazil to surprise positively in 2015, possibly even in 2014.

China Only BRIC Country Currently Worthy of the Title -O’Neill - MoneyBeat - WSJ

 

[Gautam]

India is an evil country ruled by upper caste Brahmin Hindos. They kill their own citizens (like Mumbai drama) and soldiers (like 5 soldiers killing) and then blame it on ever peaceful Pakistan, and sometimes Bangladesh's so called illegal migrants. However, India's baseless claims are debunked again and again as the WHOLE WORLD KNOWS that Pakistan is a peace loving country and no Bangladeshis never entered India (who want to enter the poorest of the poor country like India!).

And when some reliable journalist like Sir Riaz Haq comes up with the facts, these hindis attack him, abuse him and question his credibility.

I don't understand what is wrong with these Kafirs. Only Dalits are sane.