Indian Economy-News & Updates

[Chinese-Dragon]

Rupee plunges to lifetime low of 57.37, may even breach 58 soon - The Times of India

The Indian Rupee hits yet ANOTHER life-time low today.

It seems that the Rupee hits another all-time low every single day!

 

[IndoCarib]

my posting @3033 reuters article not only highlighted the grave circumstances and risk exposure of indian banks ballooning non performing loans, it also mentioned " there is no bankruptcy laws in india" I cant imagine india this primitive! that is why people are shunned from investing in india on top of other investment concerns!

in particular concern are some state own corporations like Air india! it is a black hole absorbing tax payers money for its ill-fated operation. Its debts mounting. Routes are shrinking. Losses are increasing. Pilots and staff are on strike! Isnt that ominous? and other airliners in great operation troubles!

what have you eaten? fire crackers?

your knowledge of your own country is so limited, let alone India. Did you know that even china brought in a bankruptcy law only in 2007 ? That makes India 5 years more primitive than china.

Please no more of your inane comments. It only reveals your real IQ. Stick to posting articles with red highlights

 

[lem34]

Rupee plunges to lifetime low of 57.37, may even breach 58 soon - The Times of India

The Indian Rupee hits yet ANOTHER life-time low today.

It seems that the Rupee hits another all-time low every single day!

Where will this end. How will India pay for jets?

 

[India defense]

Where will this end. How will India pay for jets?

We will beg for money to rich country called Pakistan

 

[danger007]

he just tell the truth. bad news or good news face the fact

what happend to your high iq..... I guess you don't know what i meant there............ please all of you guys go home..... atleast once........
so much frustration this chini's have......... struggles in economy is common..... when India facing problems.... these fellows feeling so much happy..... lol i forget they don't know what is moral values.......

 

[shuttler]

your knowledge of your own country is so limited, let alone India. Did you know that even china brought in a bankruptcy only in 2007 ? That makes India 5 years more primitive than china.

Please no more of your inane comments. It only reveals your real IQ

there is a set of bankruptcy laws in China!
according to reuters report there is non in india period

in addition all the the biggest corporations are listed in HKSE which has a competent set of laws to protect investors employees and creditors! It further strengthens stakeholders confidence!

 

[StingRoy]

Where will this end. How will India pay for jets?

We will eat grass... but we will buy jets... yes yes yes.. and moar weapons too...

 

[yoku]

there is a set of bankruptcy laws in China!
according to reuters report there is non in india period

in addition all the the biggest corporations are listed in HKSE which has a competent set of laws to protect investors employees and creditors! It further strengthens stakeholders confidence!

Actually Bankruptcy laws are NOT exactly to prevent Bankruptcy. They are there for what to do in the face of a Possible Bankruptcy. I do not know the particular case of CPC laws in China. But debt ceiling, who to sell the debt to, what assets can the state use in the case of Bankruptcy etc., are laid down in the so called Bankruptcy law. Other laws can lay down the same provisions implicitly in the countries where a Bankruptcy law doesn't exist.

 

[IndoCarib]

there is a set of bankruptcy laws in China!
according to reuters report there is non in india period

in addition all the the biggest corporations are listed in HKSE which has a competent set of laws to protect investors employees and creditors! It further strengthens stakeholders confidence!

Here is china's law.

Chinese Law | China: The Enterprise Bankruptcy Law of the People's Republic of China

In India there are many individual bankruptcy laws just like china had before 2007.

 

[yoku]

We will eat grass... but we will buy jets... yes yes yes.. and moar weapons too...

we ll eat grass but we ll make the BOMB!

Where will this end. How will India pay for jets?

We ll Pay in dollars, which we intent to buy after the stabilization of EU or will pay in Euros. In the worst Possible scenario Franc should the Euro go obsolete by the time.

 

[shuttler]

Where will this end. How will India pay for jets?

this is a very good question.

all indian's commercial and military puchases will have trouble honouring their payments to the manufacturers unless the delivery of planes and loans are allowed to be delayed, payment schedules restructured or indians allow their planes or other assets collateralized

 

[lem34]

We will beg for money to rich country called Pakistan

What i do not understand is how when there is so much poverty in India how come India has or is giving billions of dollars so Europeans can have a life style that is just a dream for 95% Indians in India???? What is that all about???

We will eat grass... but we will buy jets... yes yes yes.. and moar weapons too...

What about when the grass runs out?

this is a very good question.

all indian's commercial and military puchases will have trouble honouring their payments to the manufacturers unless the delivery of planes and loans are allowed to be delayed, payment schedules restructured!

But if the planes are delayed they might be obsolete by the time they are delivered after all China's defense is already way ahead of India?

 

[yoku]

What i do not understand is how when there is so much poverty in India how come India has or is giving billions of dollars so Europeans can have a life style that is just a dream for 95% Indians in India???? What is that all about???

You have to have the knowledge/experience of
1. Political Economy, Development Economics and Basics of World Economy
2. The experience of running an Economy which is the life line of 1200 Million Individuals.

I am not surprised you don't understand.

 

[IndoCarib]

A base case scenario will be one if concerns in Greece and Spain subside temporarily (bond yields taking some breather) and implementations of bailout packages will lead to mild recovery in the second half of FY13. India’s GDP growth will remain around 6.5% in the current fiscal with services growth moderating to 8.1% in FY12 from 8.9% in FY11 as slackening demand weighs on software outsourcing. Slower growth will be seen in hotels, trade and transport sector due to moderation in private consumption.

Under the adverse case scenario – If the Euro zone remains intact, but its economy shrinks by 1%, than India’s GDP growth could to slip to 5.8% in FY13. The industrial growth will sink to 3.5% from 3.4% in FY12 as external demand continues to slacken. Manufacturing growth will remain unchanged at 2.5% in FY13 and services sector will moderate to 7.5% from 8.9% in FY12. Portfolio and FDI inflows will take a beating due to liquidity squeeze leading to repayment pressure on Indian corporates because of deleveraging.

Under the worst-case scenario – If Greece were to exit from the Euro zone in next 3-4 month, India’s GDP growth will slip to 5%. Manufacturing activity will see a severe blow as deleveraging gathers steam. Portfolio and FDI inflows will plunge to levels seen in 2008-09 when aggressive deleveraging by US banks led to a 28% decline in foreign claims from 2009-10. Growth in services sector will drop to 5.6% in FY13 and fiscal deficit will widen to 6.3% from 5.8% in FY12 due to government stimulus to prop up the economy.

Impact on India if Euro zone breaks apart - Money Matters - livemint.com

Worst case scenario is not going to happen bcoz Greece is unlikely to exit from the Euro zone in 2012 after the outcome of the recent elections

 

[Sergi]

You have to have the knowledge/experience of
1. Political Economy, Development Economics and Basics of World Economy
2. The experience of running an Economy which is the life line of 1200 Million Individuals.

I am not surprised you don't understand.

And you should not be. He is ELITE troll better know as Troll_B. don't waiste your time on him

this is a very good question.

all indian's commercial and military puchases will have trouble honouring their payments to the manufacturers unless the delivery of planes and loans are allowed to be delayed, payment schedules restructured or indians allow their planes or other assets collateralized

If you don't know or don't wana know India give IMF $ 10Bn for EU crisis ( China 43 Bn ) so is it hard for you to understand that it can used to pay the jets so much for you IQ