India’s forex reserves increase by $11.9 billion to hit $534.5 billion

[- Singh Saab -]

because they cant if they pay debt who will pay nexy bills ? indian yearly only import bill is US$ 617,946 million. how they will pay ? so its cash flow come and go debt will remain and keep growing profit on debt will be keep paying . this financial system is a gamble no one know what will be the end . no one on earth knows .

Ohh makes sense now. I think I should do research into this so that I don't keep asking stupid questions

 

[Osiris]

Oh, I thought they might be increasing with loans

Ohh, that is only true for Pakistani forex reserves, which are kept at bare minimum level by annual loans from other countries and IMF.

 

[- Singh Saab -]

Ohh, that is only true for Pakistani forex reserves, which are kept at bare minimum level by loans from other countries and IMF.

lol really?

 

[Osiris]

lol really?

Yes.

 

[- Singh Saab -]

Yes.

 

[Imran Khan]

Ohh makes sense now. I think I should do research into this so that I don't keep asking stupid questions

but remember its take huge chunk of money from budget to pay interests
in fact its no1 payment . only center pay 708203crores this year . 20 indians states already borrowed money more then Threshold

23% of total budget to to this

20 Indian States Have Debt Levels Higher Than Threshold, Shows RBI State Finances Report

Read more at: https://www.bloombergquint.com/econ...han-threshold-shows-rbi-state-finances-report
Copyright © BloombergQuint

 

[Imran Khan]

Ohh, that is only true for Pakistani forex reserves, which are kept at bare minimum level by annual loans from other countries and IMF.

can you chew your food without pakistan mantra ? this thread is about india not pakistan . as soon as we discuss south Asians they start bashing pakistan to look good . pakistan have own problem and other story . how long you guys will keep hiding behind pakistan ?

 

[zhxy]

India has huge foreign exchange reserves. They can fully continue the Su-57 program with the Russians. It makes sense to leave the project too early?

 

[- Singh Saab -]

but remember its take huge chunk of money from budget to pay interests
in fact its no1 payment . only center pay 708203crores this year . 20 indians states already borrowed money more then Threshold

23% of total budget to to this

20 Indian States Have Debt Levels Higher Than Threshold, Shows RBI State Finances Report

Read more at: https://www.bloombergquint.com/econ...han-threshold-shows-rbi-state-finances-report
Copyright © BloombergQuint

Interest or Internet?

 

[Windjammer]

Indian Farmers are over the Moon ....oh wait....they are looking towards the Moon.

 

[Imran Khan]

India has huge foreign exchange reserves. They can fully continue the Su-57 program with the Russians. It makes sense to leave the project too early?

india have huge population to feed and huge bills every months it will be #1 population soon . not all the money is for defense . already indian forces are taking good shear of money . another issue is india have huge forces under MOD so budget go to everywhere not only purchasing still india is buying great numbers of new arms .

 

[Imran Khan]

Interest or Internet?

thy guy who type was educated in english like me passed 10th with 33 marks

 

[HalfMoon]

Interest or Internet?

India is bankrupt. Just surviving on loans. India has been cancelling many defense projects due to lack of money.

 

[- Singh Saab -]

thy guy who type was educated in english like me passed 10th with 33 marks

 

[- Singh Saab -]

India is bankrupt. Just surviving on loans. India has been cancelling many defense projects due to lack of money.

It is interest, some guy mistyped Internet in the pie chart