India's June factory activity ticks up, hiring expands: HSBC PMI

[Hello_10]

The economic data released by each country with their own currency, it has nothing to do with whether your currency depreciate or not..
You should learn more before you post.

even if US might have reported import of $3bil from India in may 2012, out of total around $25bil export of India, then desn't it mean that exporters got $3bil from export to US, regardless any rupees value, which is around 20% less than last year?

no one would spend time to teach you here, neither I too have enough time..............

 

[Roll in deep]

even if US might have reported import of $3bil from India in may 2012, out of total around $25bil export of India, then isn't it means that exporters got $3bil from export to US, regardless any rupees value, which is around 20% less than last year?

no one would spend time to teach you here, neither I too have enough time..............

Your India English is a trouble for me.

 

[Aramsogo]

Monsoon way below average. Plunging commodity prices.
Expecting a hindu spring.

 

[laman12345]

Look at the economic data, it tells you the truth.

India May exports down 4.16% : Govt

May exports down 4.16% at $25.68 billion: Govt - The Times of India

big mouth Indians can't accept the reality

 

[shuttler]

India's factory output went up ..China's went down..oh..so many are going to be heart broken here..:/

heart breaking to yourselves. we have a trade surplus of $18.7 billion in May! (xuxu1457's posting #1046)

http://www.defence.pk/forums/chinese-defence/90375-chinese-economy-news-updates-70.html

india: a trade deficit as usual:

May exports down 4.16% at $25.68 billion: Govt

Reuters | Jul 2, 2012

NEW DELHI: India's exports fell 4.16 percent year-on-year to $25.68 billion in May, while imports fell 7.36 percent year-on-year to $41.9 billion, government data showed on Monday.
May's trade deficit was $16.3 billion, while oil imports rose 14.02 percent year-on-year to $14.99 billion, data showed.

Exports from April to May were at $50.14 billion. Indian exports increased by more than 20 percent to $303.7 billion in the last fiscal year. But a slowdown in major export destinations hit by financial turbulence especially in Europe has slashed demand for Indian goods, officials say.





May exports down 4.16 pct y/y at $25.68 bln - govt | Reuters

 

[IND151]

India's factory output went up ..China's went down..oh..so many are going to be heart broken here..:/

don't bring china into this

kindly remain on topic

 

[ayachyan]

don't bring china into this

kindly remain on topic

feeling shame when be compared with China?
or be fear ?
people of the United Kingdom of Ganges River ?

 

[IND151]

feeling shame when be compared with China?
or be fear ?
people of the United Kingdom of Ganges River ?

i was warning him to remain on topic

i just wanted to avoid a potential troll war

 

[indushek]

Monsoon way below average. Plunging commodity prices.
Expecting a hindu spring.

Is it just that or any thing more u wish for?? How did this comment contribute to the thread??

feeling shame when be compared with China?
or be fear ?
people of the United Kingdom of Ganges River ?

I really would like to you to come to the bank of Ganges river and say this to the people there, not sure how many are reading this post of yours. I can help you if u need any travel arrangements.

 

[protest]

feeling shame when be compared with China?
or be fear ?
people of the United Kingdom of Ganges River ?

Dude.. Please write something comprehensible..Don't embarrass yourself any further. Your write up is disgusting.

 

[IndoCarib]

HSBC manufacturing PMIs fall across Asia, but India at 4-month high - The Economic Times

 

[Holmes]

feeling shame when be compared with China?
or be fear ?

China?s PMI contracts, while India?s edges up: HSBC - Taipei Times
China PMI grows at slowest in 7 months - MarketWatch

China's going down, big time.

 

[DF-41 ICBM]

highly doubtful numbers, indians at HSBC must be trying to cook the books to get foreign investors back into india.
remember how indian regime begged the rating agencies, i wont be surprised if they bribed member of the data collecting team at HSBC.

no way india is expanding when the whole world is slowing, indian economy is contracting.
how can manufacturing expand when indian exports are shrinking.
who are they selling to? certainly not overseas markets.

the domestic indian consumer is in no position to consume considering inflation is close to 10%, borrowing rates are close to 10% and the currency is collapsing faster than the zimbabwean dollar.

these HSBC numbers goes against basic economic laws. when your economy is contracting, manufacturing is the first to fall.
these numbers are nothing but lies.

either HSBC data collectors are lying or the indian manufacturers are lying to the data collectors.
since indians are known to brag and exaggerate, i wont be surprised if indian manufacturers are overstating their actual level of activity.

 

[IndoCarib]

highly doubtful numbers, indians at HSBC must be trying to cook the books to get foreign investors back into india.
remember how indian regime begged the rating agencies, i wont be surprised if they bribed member of the data collecting team at HSBC.

no way india is expanding when the whole world is slowing, indian economy is contracting.
how can manufacturing expand when indian exports are shrinking.
who are they selling to? certainly not overseas markets.

the domestic indian consumer is in no position to consume considering inflation is close to 10%, borrowing rates are close to 10% and the currency is collapsing faster than the zimbabwean dollar.

these HSBC numbers goes against basic economic laws. when your economy is contracting, manufacturing is the first to fall.
these numbers are nothing but lies.

either HSBC data collectors are lying or the indian manufacturers are lying to the data collectors.
since indians are known to brag and exaggerate, i wont be surprised if indian manufacturers are overstating their actual level of activity.

May be true, After all HSBC is HongKong & Shanghai Banking Corporation


Now for some introspection !!

http://www.defence.pk/forums/world-...tics-china-being-falsified-mask-slowdown.html

 

[DF-41 ICBM]

May be true, After all HSBC is HongKong & Shanghai Banking Corporation


Now for some introspection !!

http://www.defence.pk/forums/world-...tics-china-being-falsified-mask-slowdown.html

if we are falsifying can you imagine the amount of lies india is spewing.
considering everything they say is a lie from commonwealth games will be perfect, kaveri engine is doing great, indian fiscal situation is fine, indian currency wont collapse.
if the indians are willing to blatantly lie about those things, just imagine the lies they will say regarding their economic stats.

indian economy is contracting, there is no doubt about it.

the indian economy is based on debt and consumption.
but with inflation near 10%, interest rates near 10% and currency collapsing, how can anyone go into debt and consume?
it defies logic.

how is anyone consuming when inflation is so high and currency is collapsing especially for a poor country like india with very low per capita income.
with interest rates so high borrowing is almost impossible, sky high interest payments are impossible to afford for a poor country like india.

therefore, with borrwing and consumption constrained, the very engines that drove the indian economy should be contracting.
and magically we expect indian manufactuerers to increase output? LMAO.
who are they going to sell those goods to?
certainly the domestic market is being squeezed as i have said and the overseas markets are very weak and even cooked indian official exports numbers show indian exports contracting(the real numbers are way worse).

something very dodgy going on here.

basic understanding of economic laws can tell you these numbers defies logic.

its like saying a man has injured both his legs but he is still running as fast as he ever was.
defies logic.